Gold prices surge in Pakistan, global markets

Karachi: Gold prices in Pakistan increased on Saturday in line with their gain in the international market. The per tola price of yellow metal reached Rs506,062 after a gain of Rs4,500 during the day.

Similarly, 10-gram gold was sold at Rs433,866 after it increased by Rs3,858, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Friday, gold price per tola reached Rs501,562 after a decline of Rs3,300 during the day. The international rate of gold was up by $45 to reach $4,837 per ounce (with a premium of $20).

Meanwhile, the price of silver increased by Rs118 to reach Rs8,562 per tola.