KARACHI: Gold on Tuesday surged to all time high of Rs 123,900 per tola, up by Rs 400 on the local market, traders said.

The precious metal was selling for Rs 106,224 per 10 grams, up by Rs 343 on the local market, and quoted for $1,975 an ounce on the world market.

Silver was available for Rs 1,500 per tola, Rs1286 per 10 grams and $24.30 an ounce, traders said.

Copyright Business Recorder, 2020