Gold price increases by Rs1,300 per tola in Pakistan

Gold price rises by Rs4,400 to Rs483,962 per tola in Pakistan

KARACHI – Gold prices increased by hundreds of rupees across Pakistan as it continued the upward trend in the local bullion market on Saturday.

All Pakistan Gems and Jewellers Association (APGJA) said that the price of gold rose by Rs1,300 per tola, and settled at Rs456,162 across the country.

The association said the price of 10 grams of gold also increased by Rs1,115, taking it to Rs391,085.

Meanwhile, in the international market, gold prices recorded an increase of $13, with the metal trading at $4,338 per ounce.

The market analysts attributed the rise in local gold prices to the upward movement in global rates and fluctuations in the exchange rate.

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