Sharp rise in gold price in domestic market
Summary
Gold prices in the domestic market surged to Rs 295,100 per tola amid global economic uncertainty and rising inflation, while silver prices also increased to Rs 5,920 per tola.
Key Points
- Gold price in the domestic market rose sharply to Rs 295,100 per tola today.
- Silver price also increased to Rs 5,920 per tola compared to previous rates.
- Internationally, gold is priced at USD 4,740 per ounce and silver at USD 95 per ounce.
- Rising global economic uncertainty, inflation, and geopolitical tensions are driving the price increases as gold and silver are seen as safe investments.
