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Markets

Gold jumps to Rs50,142

Published August 23, 2012 Updated August 23, 2012 05:07pm

gold-p12KARACHI: Gold jumped by Rs 1,157 to close at Rs 50,142 per 10 grams in the local market Thursday as its international price soared to $ 1,662 an ounce, market sources said.

According to Karachi Saraf Association official, tola (11.664 grams) price also surged by Rs 1,350 to Rs 57,500.

Silver closed higher at Rs 857.14 per 10 grams.

Copyright APP (Associated Press of Pakistan), 2012

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