Gold Prices Rise After Five-Day Decline in Global and Local Markets

Gold prices increased in both global and local markets after a five-day downward trend, signaling a shift in momentum.

In the international bullion market, the price of gold rose by 23 dollars per ounce, reaching 4,708 dollars per ounce.

Similarly, in local markets, the price of 24-karat gold per tola increased by Rs2,300, bringing it to Rs493,162 per tola.

The price of gold per 10 grams also saw an increase of Rs1,971, reaching Rs422,806.

The rise comes after a consistent decline over the past five days, reflecting fluctuations in global demand and market conditions.