Gold prices surge in Pakistan, global markets

KARACHI -- Gold prices in Pakistan jumped on Friday in line with their gain in the international market. In the local market, the per tola price of yellow metal reached Rs430,436after a gain of Rs3,000 during the day.

Similarly, 10-gram gold was sold at Rs369,029 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 Rs427,436 after an increase of Rs1,000 during the day. The international rate of gold was up by $30 to reach $4,080 per ounce (with a premium of $20).

Meanwhile, the price of silver increased by Rs79 to reach Rs6,294 per tola.