KARACHI: Gold prices increased by Rs2,300 per tola on Saturday in the local market following an increase in the international market.
The All Pakistan Sarafa Gems and Jewellers Association said that 24-karat gold rates reached Rs493,162 per tola.
Similarly, the price of 10-gram gold rose by Rs1,971 to Rs422,806.
Gold rates increased by $23 to $4,708 per ounce in the international market.
Typically, gold prices in the local market are adjusted by a premium of $20 against rates in the international market.
Silver rates increased by Rs92 to Rs8,049 per tola. Similarly, 10-gram silver rates also rose by Rs79 to Rs6,900.
