KARACHI: Gold and silver prices increased in international and local bullion markets on Monday after declining for seven consecutive days.
In the international bullion market, the price of gold rose by $14 per ounce to $4,009. Following the increase, the price of gold in local markets climbed by Rs1,400 per tola to Rs423,436.
Similarly, the price of 10 grams of gold increased by Rs1,201 to Rs363,028.
Silver prices also gained in the international market, rising by 20 cents per ounce to $54. In local markets, the price of silver increased by Rs20 per tola to Rs5,878.
However, the price of 10 grams of silver declined by Rs17 to Rs5,039.
The latest increases brought an end to a seven-day downward trend in gold and silver prices, with local bullion rates reflecting movements in the international market.
