On Monday, the price of gold increased in the domestic market, following the upward trend in the international market. According to the data from the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of one tola (an old unit of measurement equal to 11.66 grams) of gold rose by Rs2,800 to reach Rs225,300. Similarly, the price of 10 grams of 24-carat gold saw a surge of Rs2,143, closing at Rs193,158.
In the international market, the price of gold also went up by $3, settling at $1,965 per ounce.
On the other hand, the prices of silver remained steady, with one tola of silver being sold at Rs2,650, and 10 grams of silver at Rs2,271.94.
In simple terms, gold prices in the local market increased on Monday, in line with the rise in the global market. However, silver prices remained unchanged.