Gold price rises by Rs4,600 per tola in Pakistan

The prices of gold increased in the local market on Tuesday, with 24-karat gold per tola rising by Rs4,600 to settle at Rs499,962 compared to Rs495,362 on the previous trading day, according to rates issued by the All Pakistan Sarafa Gems and Jewellers Association.

Similarly, the price of 10 grams of 24-karat gold increased by Rs3,943 to Rs428,636 from Rs424,693, whereas 10 grams of 22-karat gold went up by Rs3,614 to Rs392,930 against Rs389,316. 

In the international market, the price of gold increased by $46 to $4,776 per ounce from $4,730.

Meanwhile, the price of silver per tola increased by Rs326 to Rs8,260 from Rs7,934, while the price of 10 grams of silver also increased by Rs279 to Rs7,081 from Rs6,802.

The price of silver in the international market increased by $3.26 to $77.76 per ounce from $74.50.