Gold price per tola increases Rs800 in Pakistan

Gold prices increased in Pakistan on Friday in line with an uptick in the international rate. In the local market, gold price per tola stood at Rs241,500 after a single-day gain of Rs800.

The 10-gram gold was sold at Rs207,047 after it registered an increase of Rs686, according to rates shared by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Thursday, gold price per tola had declined by Rs1,200 in Pakistan.

The international rate of gold increased on Friday. As per APGJSA, the rate was set at $2,323 per ounce (with a premium of $20) after it gained $8 during the day.

Meanwhile, silver rates remained stable at Rs2,750 per tola.

Back in April, gold hit an all-time high of Rs252,200 per tola in the local market.