KARACHI: The price of gold has increased in the local and international markets.
In the international bullion market, the price of gold per ounce rose by $10 to $2,326.
On the other hand, the price of 24 carat gold per tola increased by Rs 700 to Rs 241,000 and the price of gold per 10 grams also increased by Rs 600 to Rs 206,619 in local bullion markets.
The representatives of the bullion market say that in view of the impact of purchasing power in the local bullion markets and the significant reduction in gold trading activities, the local price of gold has been kept undercast by 3000 rupees instead of the increase in the global price.
Contrary to the rise in the price of gold in the country, the price of silver per tola remained unchanged at Rs 2,820 and the price of silver per 10 grams remained unchanged at Rs 2,417.70.