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Friday, October 11, 2024  
08 Rabi Al-Akhar 1446  

Gold prices surge locally, globally

Latest gold prices for October 12
Reuters/File
Reuters/File

The price of gold has increased significantly, with local rates rising by Rs2,700 per tola, bringing the price to Rs273,900.

The price of 10 grams of gold has risen by Rs2,315, bringing the new prices to Rs234,825 while the price for one tola has increased by Rs2,700.

On the international market, gold prices have also seen a rise, increasing by $27 to reach $2,640 per ounce.

Investors often turn to gold as a safe haven during economic uncertainty, and this latest increase highlights ongoing fluctuations in the market that can impact both buyers and sellers.

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