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Gold prices go up in local, international markets

04 November, 2024 19:03

Gold prices in Pakistan surged on Monday following a similar trend in the international market.

The price of gold per tola in the local market rose by Rs700, reaching Rs283,700, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

For 10 grams, the price increased by Rs600, bringing it to Rs243,227.

This uptick comes after a previous decline on Saturday, when the gold rate dropped by Rs1,700, settling at Rs283,000 per tola.

The international gold rate also rose on Monday, climbing by $7 to stand at $2,735 per ounce, including a premium of $20, as reported by APGJSA.

Meanwhile, the price of silver remained steady at Rs3,430 per tola. Last month, gold prices in Pakistan reached a historic peak of Rs287,900 per tola

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