Gold prices rise Rs500 per tola

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

The All Sindh Saraf Jewellers Association stated that gold rates reached Rs250,700 per tola.Similarly, the price of 10-gram gold rose by Rs429 to Rs214,935.Gold rates increased by $5 to $2,400 per ounce in the international market. Silver rates remained unchanged at Rs2,780 per tola. Similarly, 10-gram silver rates also stood the same at Rs2,383.40.Prices in the local market are adjusted by a premium of $20 against rates in the international market.