Gold prices remain stable in local and international markets

Gold prices remained stable on Monday, with no change reported in both the international and domestic markets, 24NewsHD TV reported.

The price of 24-karat gold was traded at Rs430,662 per tola, according to the All Pakistan Sarafa Gems and Jewellers Association.

Similarly, the rate of 10 grams of 24-karat gold also stayed stable at Rs369,223, while 10 grams of 22-karat gold were sold at Rs338,466, showing no change from the previous day.

The price of gold in the global market stood firm at $4,083 per ounce, showing no movement during the trading session.

Silver rates also showed no fluctuations, with the per tola price remaining at Rs 5,368.

Market analysts attribute the stability to a balanced demand-and-supply trend, with investors awaiting new cues from global economic developments.

Reporter: Ahsan Abassi