Gold Prices Rise by Rs3,600 Per Tola in Local Market
Business News

Gold Prices Rise by Rs3,600 Per Tola in Local Market

Nov 20, 2024

Gold prices experienced a significant increase of Rs3,600 per tola on Tuesday in the local market, mirroring a rise in international gold rates.

The price of gold now stands at Rs273,500 per tola. Similarly, the price of 10-gram gold rose by Rs3,086, reaching Rs234,482.

In the international market, gold prices surged by $36, reaching $2,623 per ounce.

Meanwhile, silver rates remained stable, with no change recorded. The price of silver per tola held steady at Rs3,250, and 10-gram silver remained at Rs2,786.

The local market gold prices include a $20 premium compared to international rates, reflecting adjustments for domestic market dynamics.

This latest hike underscores gold’s growing appeal as a safe-haven investment amidst market fluctuations.

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