Gold prices bounce back after continues decrease

After the continues decline, gold prices bounced back on Tuesday in Pakistan, APGJTEA said.

According to the Pakistan Gems Jewellery Traders and Exporters Association, gold witnessed an increase of Rs1,300 per tola as it is being retailed at Rs261,700 per tola in the country.

According to the association, the price of 10 grams of gold also increased by Rs1,114, as it is now stands at Rs224,365.

Silver price also saw an increase of Rs50, as it is now being retailed at Rs2,900 per tola.

It should be noted that the price of gold in the country had decreased by Rs1,100 per tola yesterday (Monday).

On the other hand, in the international bullion market, the price of gold has been fixed at $ 2500 per ounce with an increase of $ 10 during the day.