Gold price increases by Rs1,300 per tola

Karachi:  Gold price increased by 1,300 per tola in Pakistan.

Gold prices on Friday registered upward trend in domestic market as Pakistani rupee continued its gaining streak against the US dollar.

According to the Gems and Jewellers Association of Pakistan, the per tola price of gold increased by Rs1,300 per tola to reach Rs221,500 while the price of 10 gram surged by Rs1,115 to settle at Rs189,901 per 10 gram.

In the international market, the per ounce price of the precious commodity declined by $4 to $1932.

Yesterday evening, the gold price declined by 2,800 per tola in Pakistan on Thursday.

In the international market, the price of gold per ounce decreased by $15 to $1936, while in Pakistan, the price of gold per tola decreased by Rs2,800 and the price of gold per 10 grams decreased by Rs2,401.