Gold prices surge by Rs1,500 after days of decline

Karachi: After several days of decline, the price of gold in the country has increased by hundreds of rupees today.

According to the Pakistan Gems and Jewelers Association, the price of one tola of gold has risen by Rs1500, reaching Rs301,500 today.

The association also reported that the price of 10 grams of gold has increased by Rs1286, now costing Rs258,487.

In the international market, the price of gold has increased by $12, reaching $2869 per ounce.

It is noteworthy that during the last business week in Pakistan, the price of gold had been decreasing for five consecutive days.