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Gold prices rise on July 28
Gold prices in the local market saw an increase of 20 pounds per gram at the start of Tuesday's trading, despite a global decline of 0.96%. The 21-karat gold reached a maximum of 5,950 pounds per gram. Prices of other karats also rose, such as 14-karat gold which hit 3,965 pounds and 18-karat gold which reached 5,100 pounds, along with the gold pound increasing to 47,600 pounds. The price of an ounce fell to approximately 211,480 pounds globally, as markets await the U.S. monetary policy decisions.
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