Gold prices surge in Pakistan, global markets

Karachi: Gold prices in Pakistan rose on Tuesday in line with their gain in the international market. The per tola price of the yellow metal reached Rs464,062 after a gain of Rs16,300 during the day.

Similarly, 10-gram gold was sold at Rs397,858 after it increased by Rs13,975, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Monday, gold price per tola significantly fell by Rs43,600 in line with decline in the international rates. The international rate of gold was up by $163 to reach $4,413 per ounce (with a premium of $20).

Furthermore, the price of silver increased by Rs570 to reach Rs7,454 per tola.