Gold prices have seen an increase at the international and local levels. In the global bullion market, the price of gold rose by $7 to $2,640 per ounce.
Meanwhile, 24-carat gold price rose by Rs 700 to Rs 275,200 per tola in the local market.
Additionally, gold price rose by Rs 600 to Rs 235,940 per 10 grams.
The rise in prices reflects the ongoing volatility in global markets and has an impact on local gold buyers and sellers.
On the other hand, the Pakistan Stock Exchange (PSX) saw a positive trading session today, with the 100 index gaining 493.61 points to 103,768.55 points in intraday trading.
The market opened on a strong note, and as the session progressed, the index climbed further, touching a peak of 104,361.24 points at 12:00 pm.
The lowest point recorded during the session was 102,825.59 points.
The day’s trading volume stood at 475,856,546 shares with a total market value of Rs 17,337,144,881.
Overall market sentiment remained upbeat, contributing to the index’s continued gains throughout the day.