KARACHI: Gold prices increased by Rs7,800 per tola on Thursday in the local market following an increase in the international market.
According to the All Pakistan Sarafa Gems and Jewellers Association, 24-karat gold rates reached Rs496,762 per tola. Similarly, the price of 10-gram gold rose by Rs6,687 to Rs425,893.
Gold rates increased by $78 to $4,744 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 Rs373 to Rs8,445 per tola. Similarly, 10-gram silver rates also rose by Rs320 to Rs7,240.