Gold Price Rises by Rs 1,000 Per Tola in Local Market

The price of gold in the local market surged by Rs 1,000 per tola (11.66 grams) today, reaching Rs 160,600, according to the Federation of Gold and Silver Dealers’ Association. The increase is attributed to rising prices in the international market and growing demand locally.

The precious metal was traded at Rs 159,600 per tola on the previous day.

Similarly, silver prices have seen a slight rise of Rs 5 per tola, with the metal now being traded at Rs 1,880 per tola compared to Rs 1,875 yesterday, as per the Federation’s data.