Gold prices surge in Pakistan, global markets

Karachi: Gold prices in Pakistan increased on Thursday in line with their gain in the international market. In the local market, gold price per tola reached Rs497,662 after a gain of Rs3,000 during the day.

Similarly, 10-gram gold was sold at Rs426,664 after it increased by Rs2,572, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Thursday, gold price per tola reached Rs494,662 after a decline of Rs9,500 during the day. The international rate of gold was up by $30 to reach $4,753 per ounce (with a premium of $20).

Meanwhile, the price of silver increased by Rs130 to reach Rs8,014 per tola.