Markets
Gold snaps 3-session losing streak, gains Rs24,000 per tola in Pakistan
- International gold increases $240 to reach $4,916 per ounce
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Gold prices in Pakistan increased on Tuesday in line with their gain in the international market. In the local market, gold price per tola reached Rs514,362 after a gain of Rs24,000 during the day.
Similarly, 10-gram gold was sold at Rs440,982 after it increased by Rs20,576, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
On Monday, gold price per tola reached Rs490,362 after a decline of Rs21,500 during the day.
The yellow metal lost Rs85,500 per tola in the previous three sessions.
The international rate of gold was up by $240 on Tuesday to reach $4,916 per ounce (with a premium of $20).
Meanwhile, the price of silver increased by Rs741 to reach Rs9,146 per tola.