KARACHI: Gold prices increased by Rs12,200 per tola on Friday 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 Rs440,936 per tola.Similarly, the price of 10-gram gold rose by Rs10,459 to Rs378,031.Gold rates increased by $122 to $4,185 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 Rs319 to Rs6,764 per tola. Similarly, 10-gram silver rates also rose by Rs274 to Rs5,764.
