On Wednesday, the price of 24 karat gold per tola increased by Rs600, reaching Rs245,600 compared to Rs245,000 on the previous trading day.
Similarly, the price of 10 grams of 24 karat gold rose by Rs514 to Rs210,562 from Rs210,048. The price of 10 grams of 22 karat gold also increased to Rs193,016 from Rs192,544, according to the All Sindh Sarafa Jewellers Association.
Meanwhile, the prices of silver remained unchanged at Rs2,900 per tola and Rs2,486.28 per ten grams.
According to the Association, the price of gold in the international market rose by $10 to $2,372 from $2,362.
Market analysts attribute this increase in gold prices to factors such as fluctuations in the international market, currency exchange rates, and overall economic conditions.
The ongoing upward trend in gold prices could potentially impact investment choices and consumer behavior in the near future.
