Gold prices up Rs500/tola

By Our Correspondent
January 24, 2024

KARACHI: Gold prices increased by Rs500 per tola on Tuesday in the local market following an increase in the international market rates.

An undated image of a customer looking at the gold bangles at a store. — AFP/File
An undated image of a customer looking at the gold bangles at a store. — AFP/File

The All Sindh Saraf Jewellers Association stated that gold rates reached Rs215,200 per tola.

Similarly, the price of 10-gram gold rose by Rs429 to Rs184,500.

Gold rates increased by $5 to $2,047 per ounce in the international market.

Silver rates remained unchanged at Rs2,600 per tola. Similarly, 10-gram silver rates also stood the same at Rs2,229.08.

Prices in the local market are adjusted by a premium of $20 against rates in the international market.