Gold, silver prices rise in local and global markets after brief fall

Gold and silver prices saw upward trend in both international and Pakistani markets on Wednesday. 

In global bullion markets, spot gold increased about 2.8% to roughly $5,076 per ounce while spot silver rose around 5% to about $89.38 an ounce.

Prices in Pakistani market also saw an increase, according to the APGJSA, the price of gold per tola climbed by approximately Rs14,800 to around Rs529,162 while per 10 grams rose by about Rs12,689 to approximately Rs453,671.

Silver also went up, with per tola by around Rs109 to Rs9,255 and per 10 grams up by about Rs93 to Rs7,934.