Gold price surges Rs2,300 per tola in Pakistan

Karachi: Gold prices continued surging in the local bullion markets of the country on Monday in line with the increase in the international rate.

The per tola price of the yellow metal clocked in at Rs250,400 after a single-day gain of Rs2,300. The 10-gram gold was sold at Rs214,678 after a gain of Rs1,972, according to rates shared by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA).

The international rate of gold increased on Monday. The rate was set at $2,439 per ounce (with a premium of $20) after an increase of $25 during the day.

Meanwhile, silver rates remained steady at Rs2,850 per tola.