Gold prices rise despite decline in global market

KARACHI:The prices of glittery metal saw another small surge on Wednesday despite seeing a big decrease in the international market.

The price of 24-carat gold spiked by Rs100 per tola. With this increase, the price of 24-carat gold reached Rs143,000. The price of 10-gram gold of 24-carat has also increased marginally by Rs86 to reach Rs122,600. The price of 10-gram gold of 22-carat is now being traded for Rs112,383. The price of 24-carat silver remained stable at Rs1520.

The price of 10-gram silver is being traded for Rs1303.15 with same price. The price of gold per ounce has reduced by $40 on the global market. The international rate for gold per ounce has now reached $1763.