Gold price rises by Rs2,300 per tola in Pakistan

The price of 24-karat gold increased by Rs2,300 on Wednesday, rising to Rs438,862 per tola compared to Rs436,562 on the previous day, according to the All Pakistan Sarafa Gems and Jewellers Association.

Similarly, the price of 10 grams of 24-karat gold rose by Rs1,972, reaching Rs376,253 from Rs374,281, while 10 grams of 22-karat gold increased by Rs1,808, reaching Rs344,911 against the previous day’s Rs343,103.

In the international market, gold was traded at $4,165 per ounce, showing an increase of $23 from the previous rate of $4,142.

The price of silver also registered an upward trend. Silver per tola rose by Rs 60, reaching Rs5,482 compared to Rs5,422 a day earlier, whereas the price of 10 grams of silver increased by Rs 51, reaching Rs4,699 from Rs4,648. International silver prices stood at $52.10 per ounce.