Gold prices surge in Pakistan, global markets

Karachi: Gold prices in Pakistan soared on Tuesday in line with their gain in the international market. In the local market, the price of yellow metal per tola reached Rs478,762 after a gain of Rs2,800 during the day.

Similarly, 10-gram gold was sold at Rs410,461 after it increased by Rs2,401, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Monday, gold price per tola reached Rs475,962 after a gain of Rs3,900 during the day. The international rate of gold was up by $28 to reach $4,560 per ounce (with a premium of $20).

Meanwhile, the price of silver increased by Rs260 to reach Rs7,784 per tola.