Bulls hold sway at gold markets

Gold and silver prices continued to rise in local and international markets this week as gold hit all time high on last business day and added $74 per ounce while silver stood at $2.50. According to Sindh Sarafa Market, gold prices surged in local markets due to increase in international markets. According to World Gold Council, uncertainty in the global economic condition forced the traders to buy the commodity, which pushed the prices.