Gold jumps Rs400 per tola in Pakistan

Karachi: After falling in the previous two sessions, gold prices in Pakistan increased on Wednesday despite a decline in the international rate.

The price of the yellow metal settled at Rs241,000 per tola after a single-day gain of Rs400. The 10-gram gold was sold at Rs206,619 after it registered an increase of Rs343, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Wednesday, gold price per tola plunged by Rs900, clocking in at Rs240,600 in Pakistan.

The international rate of gold plunged by $9 to settle at $2,304 per ounce (with a premium of $20).