Gold prices reach historic high in Pakistan

Karachi: Gold prices in Pakistan increased on Tuesday in line with their gain in the international market. In the local market, gold price per tola reached Rs493,662, a new all-time high, after a gain of Rs4,300 during the day.

Similarly, 10-gram gold was sold at Rs423,235 after it increased by Rs3,686, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Monday, gold price per tola reached Rs489,362 after a gain of Rs7,500 during the day.

The international rate of gold was up by $43 to reach $4,713 per ounce (with a premium of $20).