Gold prices rise Rs3,800 per tola

KARACHI: Gold prices increased by Rs3,800 per tola on Friday in the local market following an increase in the international market, which reached to all-time high.

The All Sindh Saraf Jewellers Association stated that gold rates reached Rs234,800 per tola. Similarly, the price of 10-gram gold rose by Rs3,258 to Rs201,303.

Gold rates increased by $40 to all-time high rates of $2,254 per ounce in the international market. Silver rates increased by Rs20 to Rs2,600 per tola. Similarly, 10-gram silver rates also rose by Rs17.15 to Rs2,211.93. Prices in the local market are adjusted by a premium of $20 against rates in the international market.