Summary: The price of gold continues to rise in Pakistan, where gold has become more expensive by Rs 9,600 per tola. The price of silver has also increased by Rs 100 per tola. The rates of both gold and silver have increased in the global market.
Karachi: The trend of increasing prices of gold and silver in Pakistan continues, where gold has reached Rs 435,636 per tola while silver has reached Rs 5,763.
According to the All Pakistan Gems and Jewellers Association, the price of gold per tola increased by Rs 9,600 on Thursday, after which the new price was Rs 435,636.
Similarly, the price of 10 grams of gold increased by Rs 8,230 to Rs 373,487, while the price of 10 grams of 22-karat gold increased by Rs 7,544 to Rs 342,375.
On the other hand, the price of silver has also increased. Silver per tola rose by Rs 100 to Rs 5,763, while the price of 10 grams of silver rose by Rs 85 to Rs 4,940.
Precious metals prices also recorded an increase in the global market. The price of gold per ounce increased from $96 to $4,131, while the price of silver increased by $1 to reach $52.85 per ounce.
The effects of the increase in prices in the global market were also noticeable in the local bullion market, where an increase in the rates of both gold and silver was recorded.
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