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KARACHI: The local gold prices bounced back with some recovery on Wednesday following the global market’s momentum, traders said.

Gold prices went up by Rs1, 600 and Rs1, 372, reaching Rs275, 900 per tola and Rs236, 540 per 10 grams, respectively.

On the world market, gold bullion value posted an increase of $16, trading at $2, 647 per ounce while silver was available at over $31 per ounce.

Locally, silver prices held steady at Rs3, 400 per tola and Rs2, 914.95 per 10 grams, according to All Sindh Saraf Jewellers Association.

Copyright Business Recorder, 2024

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