Gold prices increase again in Pakistan

gold price increase

KARACHI: After declining in the previous session, gold prices in Pakistan registered a marginal increase in line with an increase in the international rate. In the local market, gold price per tola stood at Rs245,600 after it gained Rs600 on Wednesday.

The 10-gram gold was sold at Rs210,562 after it inched up by Rs514 during the day, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Tuesday, gold price per tola decreased by Rs100 in Pakistan.

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The international rate of gold increased on Wednesday. As per APGJSA, the rate was at $2,372 per ounce (with a premium of $20) after it gained $10 during the day.

Meanwhile, silver rates remained stable at Rs2,900 per tola.

Back in April, gold hit an all-time high of Rs252,200 per tola in the local market.

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