Gold, silver prices soar to new peaks

The prices of gold and silver on Wednesday struck new highs of Rs 43, 350 per tola and Rs 650 per tola respectively on the local market, traders said. Gold reached the record high mark of Rs 43, 000 per tola a day before on the local market, surpassed to a new rise of Rs 43, 350. Similarly, the price of gold 10-gram exceeded to the highest ever level of Rs 37, 157 from previous high of Rs 36, 857, according to traders.
On the international market, the price of yellow metal was quoted at record high level of $1346 an ounce up from last high of $1337, they said. The price of silver hit a new high of Rs 650 per tola up from Rs 640. The price of silver per 10-gram reached a record high of Rs 657.14 up from last high of Rs 548.57, traders said, adding that silver was available for $21.90 an ounce on the global market.