Big rise in gold prices in global and local markets

Karachi: The prices of gold in the global and local markets rose sharply once again.

In the international bullion market, the price of gold rose by 21 dollars to 2322 dollars per ounce.

Despite the big increase in prices at the global level, the local price of gold has been kept below the cost of Rs 2,000 on Monday due to the impact of purchasing power in the local bullion markets and reduction in sales.

On the first day of the business week, the price of 24 karat gold per tola increased by Rs 2500 to Rs 240500 and the price of gold per 10 grams also increased by Rs 2143 to Rs 206190.

In contrast to the increase in gold prices, the price of silver per tola remained unchanged at Rs 2620 and the price of silver per 10 grams remained unchanged at Rs 2246.22.