Gold prices rise by Rs3,500 per tola in Pakistan

“Gold prices in Pakistan rose by Rs3,500 per tola to Rs425,636, while international rates climbed to $4,031 per ounce. Silver prices also recorded gains in local…”
IISLAMABAD —Gold prices witnessed an increase in the domestic market on Wednesday, with the price of 24-karat gold per tola rising by Rs3,500 to Rs425,636, All Pakistan Sarafa Gems and Jewellers Association.
Similarly, the price of 10 grams of 24-karat gold increased by Rs3,001 to Rs364,914, while the price of 10 grams of 22-karat gold rose by Rs2,751 to Rs334,516. In the international market, the price of gold increased by $35 to $4,031 per ounce, the association reported. Oil prices rise after attack on Saudi Arabian refinery reignites supply concerns.
Meanwhile, the price of silver per tola rose by Rs61 to Rs5,854, while the price of 10 grams of 24-karat silver increased by Rs52 to Rs5,018. The price of silver in the international market also registered an increase, rising by $0.61 to $53.76 per ounce, the association added.
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