Gold prices rise Rs1,200 per tola

KARACHI: Gold prices increased by Rs1,200 per tola on Tuesday in the local market following an increase in the international market.

The All Sindh Saraf Jewellers Association stated that gold rates reached Rs229,400 per tola. Similarly, the price of 10-gram gold rose by Rs1,029 to Rs196,674. Gold rates increased by $6 to $2,193 per ounce in the international market.

Silver rates remained unchanged at Rs2,580 per tola. Similarly, 10-gram silver rates also stood the same at Rs2,211.93. Prices in the local market are adjusted by a premium of $20 against rates in the international market.