Gold prices rise in Pakistan, global markets

Karachi: Gold prices in Pakistan jumped on Saturday in line with their gain in the international market. In the local market, gold price per tola reached Rs519,462 after a gain of Rs11,700 during the day.

Similarly, 10-gram gold was sold at Rs445,354 after it increased by Rs10,030, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Friday, gold price per tola reached Rs507,762 after a decline of Rs21,400 during the day. The international rate of gold was up by $117 to reach $4,967 per ounce (with a premium of $20).