Gold prices rose by ڈالر 11 during trading on the fifth day of the global trading week.
Due to the increase in the international market, the price of gold per tola in the local barter markets increased by Rs. 450.
According to Muhammad Arshad, chairman of the All Pakistan Jewelers Manufacturers Association, prices in the local barter markets have risen due to rising costs in the global market.
He said that today, on November 5, 2021, the buying and selling of gold per tola in the barter markets across the country increased to Rs. 120,250.
Similarly, the price of 10 grams of gold rose from Rs 385 to Rs 1394. Karachi, Hyderabad, Sukkur, Multan, Lahore, Faisalabad, Islamabad, Rawalpindi, Peshawar, and Quetta traded Bargain markets at the new rates.
It may be recalled that a day earlier, the price of gold had declined by Rs 500 in the local barter markets.