Gold price increases by Rs1,200 per tola

Karachi: The Gold price in Pakistan increased by Rs.1,200 per tola on Thursday.

As per the information provided by the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the cost of 24-carat gold experienced an increase of Rs1,200 per tola, reaching a value of Rs. 225,000.

Similarly, the price of 10 grams of 24-karat pure gold increased by Rs1,029 and traded at Rs190,901 per 10 grams.

Meanwhile, the yellow metal of 22 karats of gold which is usually used for jewellery making, sold at the rate of Rs176,826 per 10 grams.

In the International market, the price of pure gold of 24 karats increased by $5 per ounce to $1900 per ounce, as reported by the association.

On the other hand, the price of 24 karat silver per tola and per 10 grams also remained the same at Rs2,750 and Rs2,357.68 respectively.