KARACHI: Gold prices increased by Rs2,000 per tola on Friday in the local market following a rise in the international market.
The All Pakistan Sarafa Gems and Jewellers Association said that 24-karat gold rates reached Rs440,636 per tola.Similarly, the price of 10-gram gold rose by Rs1,715 to Rs377,774.Gold rates increased by $20 to $4,181 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 Rs50 to Rs6,578 per tola. Similarly, 10-gram silver rates also rose by Rs43 to Rs5,639.