KARACHI: Gold prices increased by Rs1,523 per tola on Thursday in the local market following an increase in the international market.
The All Pakistan Sarafa Gems and Jewellers Association stated that 24-karat gold rates reached Rs469,385 per tola.Similarly, the price of 10-gram gold rose by Rs1,305 to Rs402,335.
Gold rates increased by $14.49 to $4,468.49 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, however, decreased by Rs97 to Rs7,797 per tola. Similarly, 10-gram silver rates also dropped by Rs83 to Rs6,684.