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Gold prices up by Rs800 per tola

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Staff Reporter

Peshawar

The per tola gold price witnessed an increase of Rs800 to Rs112,550 in the domestic market on Friday. Likewise, the rate of 10 grams of the precious metal increased by Rs686 to Rs96,493 according to the All Pakistan Jewelers Association. In the international market, gold witnessed an increase of $15 and was traded at $1,885 per ounce. According to Reuters, gold held steady in a narrow range on Friday, with optimism over a Covid-19 vaccine was countered by market concerns about its rollout as global infections continue to mount. Spot gold was little changed at $1,876.40 an ounce by 0938 GMT but was down 3.7% for the week.

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