Gold prices surge in Pakistan, global markets

Karachi: Gold prices in Pakistan jumped in the local bullion markets on Wednesday in line with their gain in the international market. The price of the yellow metal reached Rs419,862 after an increase of Rs3,500 per tola during the day.

As per the rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), 10-gram gold was sold at Rs359,963 after it accumulated Rs3,000.

On Tuesday, the gold price per tola reached Rs416,362 after a decline of Rs14,000 during the day. The international rate of gold also witnessed an increase of $35 to settle at $3,975 per ounce.