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KARACHI: Gold prices shot up on Tuesday, reflecting a sharp rise in global bullion value, again surpassing $2,900 per ounce, traders said.
Following a huge surge by Rs4,800 and Rs4,115, gold prices reached Rs306,300 per tola and Rs262,602 per 10 grams, respectively, according to All Pakistan Sarafa Gems and Jewellers Association.
World market saw a big rise by $47, taking gold bullion prices to $2,916 per ounce with silver prices growing to $32 per ounce.
Domestic silver gained a sizeable value by Rs47 and Rs45, trading at Rs3,315 per tola and Rs2,842 per 10 grams, respectively, the association said.
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