Business
Gold price increases by Rs5,600 per tola
In the International market, the price of pure gold of 24 karats decreased by $15 per ounce to $1911 per ounce.
Karachi: The Gold price in Pakistan increased by Rs5,600 per tola on Tuesday.
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 Rs5,600 per tola, reaching a value of Rs2,15,000.
Similarly, the price of 10 grams of 24-karat pure gold increased by Rs5,058 and traded at Rs1,84,585 per 10 grams.
In the International market, the price of pure gold of 24 karats decreased by $15 per ounce to $1911 per ounce, as reported by the association.
Meanwhile, the yellow metal of 22 karats of gold which is usually used for jewellery making, sold at the rate of Rs1,68,967 per 10 grams.
On the other hand, the price of 24 karat silver per tola and 10 grams also remained the same at Rs2,750 and Rs2,357.68 respectively.
Earlier, as per the information provided by the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the cost of 24-carat gold experienced a decline of Rs2,600 per tola, reaching a value of Rs2,09,400.