Gold prices surge in Pakistan, global markets

Karachi: Gold prices in Pakistan surged on Wednesday in line with their gain in the international market. The per tola price of yellow metal reached Rs488,962 after a gain of Rs11,100 during the day.

Similarly, 10-gram gold was sold at Rs419,206 after it increased by Rs9,517, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Tuesday, gold price per tola reached Rs477,862 after a decline of Rs2,100 during the day. The international rate of gold was up by $111 to reach $4,666 per ounce (with a premium of $20).

Meanwhile, the price of silver increased by Rs223 to reach Rs8,072 per tola.