Gold prices continue to rise in the global and local markets, while today, with a major rise, its prices have reached a new historical level.
According to the report, the widespread purchase of Gold in recent times and the Central Banks around the world to increase their wounds have brought gold prices to new heights of history in global and Pakistan’s currency markets.
The announcement of the US Central Bank not to reduce interest rates has created uncertainty worldwide, concerns over global inflation recession.
The price of gold per ounce in the international bullion market rose by $ 59 to a new high level of $ 3,454.
Due to the rise in the global market, the price of gold per tonne in local currency markets also increased by Rs 5,900 to Rs 3 lakh 63 thousand 700.
Apart from this, the price of gold per ten grams increased by Rs 5,59 to a new high level of Rs 3 lakh 11 rupees.
On the contrary, the price of silver per tola remained stable at Rs 3,441 without any change and the price of ten grams of silver remained stable at Rs 2,950 without any change.
