LAHORE: Gold and silver prices have again recorded an increase in Pakistan. The price of gold per tola increased by Rs 1,400 to Rs 423,436, while silver also became expensive by Rs 20.
According to the All Pakistan Sarafa Gems and Jewelers Association, the price of 10 grams of gold increased by Rs 1,201, after which the new price became Rs 363,028.
The price of silver per tola increased by Rs 20 to Rs 5,878. Similarly, the price of 10 grams of silver increased by Rs 17 to Rs 5,039.
The price of gold was also seen increasing in the global market. The international rate increased by $ 14 to $ 4,009 per ounce.
It should be noted that on October 24, the price of gold per tola in Pakistan had decreased by Rs 2,500 to Rs 422,036. After the latest increase, the price of gold has been seen recovering in the local market.
The prices of gold and silver are affected by the prices in the global market, the value of the rupee and the factors of the local bullion market. Buyers should confirm the latest rates and additional making charges from the local shop before purchasing jewelry.
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