Gold prices in Pakistan increase Rs1,000 per tola

Karachi: Gold prices in Pakistan witnessed surge on Saturday.

The prices increased partly owing to the uptrend in commodity prices in the global market and partly due to mounting inflation.

Gold prices in the local bullion market soared by Rs1,000 per tola and Rs858 per 10 grams today to reach Rs131,600 per tola and Rs112,826 per 10 grams.

Cumulatively, the precious commodity lost Rs700 per tola during the week ended April 16.