Gold price surges by Rs1,400 per tola

Karachi: Gold prices increased again in the local and global local markets today.

According to the All Pakistan Gems and Jewelers Association (APGJA), the price of 24-carat gold per tola increased by Rs1,400 to Rs282,200 and the price of per 10 grams gold also increased by Rs1,200 to Rs241,941 in the local bullion markets.

On the other hand, the price of gold per ounce in the international bullion market increased by $13, bringing the new global price to $2,703.

It is pertinent to note that gold prices had increased yesterday as well and it became expensive by $29 per ounce in the global market and by Rs2,900 per tola at the local level.

The price of silver per tola in the country increased by Rs83 to Rs3,433 and the price of silver per 10 grams also increased by Rs71 to Rs2,943.