Gold prices increase again: Why are investors and buyers concerned?
Gold. File photo
KARACHI: (Web Desk) Gold prices have increased once again in both global and local markets, causing concern among investors and consumers.

In the international bullion market, the price of gold per ounce rose by $5, reaching $2915.

This increase in the global market has also been felt in local markets, where the price of gold per tola increased by 500 rupees, reaching Rs306,500. Similarly, the price of 10 grams of gold rose by Rs429, reaching Rs262,774.

The rise in prices is due to growing economic uncertainty globally and an increased demand for gold. Experts say these fluctuations in gold prices are a result of changes in the global financial markets.

This increase has caused anxiety among buyers and sellers in local markets, while investors are keeping a close eye on global gold prices.