Gold prices up Rs1,400 per tola

KARACHI: Gold prices increased by Rs1,400 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 Rs263,500 per tola.Similarly, the price of 10-gram gold rose by Rs1,200 to Rs225,908.Gold rates increased by $15 to $2,518 per ounce in the international market.

Silver rates remained unchanged at Rs2,900 per tola. Similarly, 10-gram silver rates also stood the same at Rs2,486.28.Prices in the local market are adjusted by a premium of $20 against rates in the international market.