Global Surge in Gold Prices
Gold prices have witnessed a significant surge in the international bullion market, increasing by $29 per ounce to reach an all-time high of $2,772 per ounce.
Historic Rise in Local Gold Prices
Locally, gold prices have soared to unprecedented levels. On Friday, the price of 24-carat gold per tola rose by 2,900 rupees, reaching a record 289,600 rupees. Similarly, the price of 10 grams of 24-carat gold increased by 2,486 rupees, climbing to 248,285 rupees.
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Silver Prices Also on the Rise
Silver prices have followed the upward trend of gold. The price per tola of silver rose by 31 rupees, reaching 3,432 rupees, while the price for 10 grams increased by 27 rupees, reaching 2,942 rupees.
Conclusion
The continuous rise in gold and silver prices reflects both global market trends and local economic factors, signaling heightened interest in precious metals as safe-haven investments.
