KARACHI – Gold prices rebounded sharply on Wednesday, ending a five-day downward trend in both international and local markets.
In the international market, the price of gold rose by $91 per ounce to reach $4,063.
According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola in the local market jumped by Rs9,100 to Rs428,736, while the price of 10 grams of 24-karat gold increased by Rs7,802 to Rs367,572.
Meanwhile, the price of 24-karat silver per tola also climbed by Rs203, reaching Rs6,445.
