Gold prices surge in Pakistan, global markets

Karachi: Gold prices in Pakistan surged on Monday in line with their gain in the international market. The per tola price of the yellow metal reached Rs477,162 after a gain of Rs900 during the day.

Similarly, 10-gram gold was sold at Rs409,089 after it increased by Rs772, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Saturday, gold price per tola reached Rs476,262 after a decline of Rs600 during the day. The international rate of gold was up by $9 to reach $4,548 per ounce (with a premium of $20).

Meanwhile, the price of silver increased by Rs26 to reach Rs8,099 per tola.