Gold prices rise Rs500 per tola

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

The All Sindh Saraf Jewellers Association stated that gold rates reached Rs242,500 per tola.Similarly, the price of 10-gram gold rose by Rs429 to Rs207,905.Gold rates increased by $2 to $2,322 per ounce in the international market.

Silver rates remained unchanged at Rs2,650 per tola. Similarly, 10-gram silver rates also stood the same at Rs2,271.94.Prices in the local market are adjusted by a premium of $20 against rates in the international market.