A globally sharp rise in gold prices also felt in the local barter markets

gold

The negative effects of rising gold prices in the global market were also felt in the local barter markets.

The demand for it increased during trading in the bullion market, which led to a rise of 12 12.

After the recent increase, the price of it per ounce reached 27 1827.

Due to the increase in the international market, the price of it in the local barter markets of Pakistan increased by a total of Rs. 2,322.

According to Muhammad Arshad, chairman of the All Pakistan Jewelers Manufacturers Association, the price of it rose by Rs 1,250 per tola in Pakistan.

He said that similarly, the price of ten grams increased by Rs.1072 due to which the price reached Rs.96,279. Bargain markets in Karachi, Hyderabad, Sukkur, Multan, Lahore, Faisalabad, Islamabad, Rawalpindi, Peshawar, and Quetta traded at the new rates.

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Rising Gold Prices

FBR

Gold prices rose on the first day of the business week across Pakistan.

 

According to the data released by the All Pakistan Jewelers Manufacturers Association, the price of gold per tola has gone up by Rs 200 to Rs 1,9,500 while the price of 10 grams of gold has gone up by Rs 172 to Rs 93,000. 879.

 

As a result of the increase in prices, the price of gold per tola in the barter markets of Karachi, Hyderabad, Lahore, Islamabad, and Peshawar has gone up by Rs 200 to Rs 1,9,500.

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