Gold Prices Rise by Rs 100 per Tola in Domestic Market
The price of gold has increased by Rs 100 per tola in the domestic market on Friday. Fine gold is now being traded at Rs 118,500 per tola, up from Rs 118,400 per tola on Thursday. Similarly, standard gold is being sold at Rs 117,950 per tola, an increase from Rs 117,850 per tola the previous day.
In addition to the rise in gold prices, the price of silver has also witnessed an increase of Rs 20 per tola, reaching Rs 1,390 per tola on Friday, up from Rs 1,370 per tola on Thursday.
The increase in gold and silver prices can be attributed to various factors such as fluctuations in the global market, changes in demand and supply, and economic uncertainties. Investors often turn to precious metals like gold and silver as safe-haven assets during times of economic instability.
The rise in prices may have implications for consumers and businesses, as they may need to adjust their budgets and pricing strategies accordingly. It is important for individuals and businesses that are affected by these price changes to stay informed and consider their options when it comes to purchasing or selling precious metals.
