In the local market, the price of 24 karat gold witnessed a modest rise on Thursday, marking an increase of Rs100 per tola.
The precious metal was traded at Rs215,300, compared to its previous rate of Rs215,200 during the last trading session.
Similarly, the cost of 10 grammes of 24 karat gold experienced an uptick, registering a rise of Rs85 and reaching Rs184,585 from its previous value of Rs184,500.
The All Sindh Sarafa Jewellers Association disclosed that the prices of 10 grammes of 22 karat gold also showed an increase, climbing to Rs169,203 from Rs169,124.
However, the silver market remained stable, with the cost of per tola and ten-gramme silver remaining unchanged at Rs2,570 and Rs2,203.36, respectively.
Internationally, the price of gold demonstrated a slight escalation, as it rose by $3 to $2,051 from its earlier value of $2,048, according to reports from the Association.
Market analysts attribute these fluctuations to various factors, including global economic conditions, geopolitical events, and changes in investor sentiment.
