Gold prices have increased significantly at the local and international levels. On Wednesday, the price of gold per tola in the local gold market surprisingly increased by Rs 7,900, bringing the new price to Rs 431,562.
Similarly, the price of 10 grams of gold increased by Rs 6,773, reaching a new high of Rs 369,994. This trend is not limited to local markets; the global market has also seen a significant increase. The international price of gold increased by $79, reaching an impressive $4,092 per ounce.
Silver also followed the same trend, with the price of silver per tola increasing by Rs 177, now standing at Rs 5,422. This increase in the prices of precious metals has garnered significant attention among investors and market analysts as they assess the factors behind this rapid price surge.