Gold prices rise in Pakistan, global markets

Karachi" Gold prices in Pakistan surged on Wednesday in line with their gain in the international market. In the local market, gold price per tola reached Rs529,162 after a gain of Rs14,800 during the day.

Similarly, 10-gram gold was sold at Rs453,671 after it increased by Rs12,689, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Tuesday, gold price per tola reached Rs514,362 after a gain of Rs24,000 during the day.The international rate of gold was up by $148 to reach $5,064 per ounce (with a premium of $20).

Meanwhile, the price of silver increased by Rs109 to reach Rs9,255 per tola.