KARACHI: Gold prices increased by Rs7,250 per tola on Friday in the local market following an increase in the international market.
According to the All Pakistan Sarafa Gems and Jewellers Association stated that 24-karat gold rates reached Rs439,966 per tola.Similarly, the price of 10-gram gold rose by Rs6,525 to Rs375,947.Gold rates increased by $72.50 to $4,175.30 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 Rs190 to Rs7,079 per tola. Similarly, 10-gram silver rates also rose by Rs171 to Rs6,028.