Gold prices jump per tola in Pakistan

KARACHI: Gold prices in Pakistan rose sharply on Monday, with the price of the precious metal increasing by Rs3,200 per tola to Rs432,336 in the local market.**

The price of 10 grammes of gold also increased by Rs2,744 to Rs370,658.

The latest increase came after gold prices had fallen sharply on Friday following a decline in international bullion markets.

On Friday, the price of gold in the local market had dropped by Rs6,500 per tola to Rs429,136, while the price of 10 grammes had fallen by Rs5,573 to Rs367,914.

The fresh increase has partially reversed Friday’s sharp decline, with local gold prices continuing to fluctuate in line with movements in the international bullion market.