Gold prices surge in global, local markets

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Gold prices continued their upward trend on Monday, with both international and local markets recording significant increases.

According to reports, the price of gold in the international bullion market rose by $12 per ounce, reaching $2,869.

Meanwhile, in Pakistan, the price of gold per tola increased by Rs1,500, bringing it to Rs301,500. The price of 10 grams of gold also surged by Rs1,286 to settle at Rs258,487.

Market analysts attribute the rise in gold prices to global economic uncertainties and fluctuations in the value of the US dollar.

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