Gold rates up Rs1,000 per tola

KARACHI: Gold prices rose by Rs1,000 per tola on Tuesday in the local market following an increase in the international market. The All Pakistan Sarafa Gems and Jewelers Association stated that gold rates reached Rs304,200 per tola.

Similarly, the price of 10-gram gold rose by Rs857 to Rs260,802. Gold rates increased by $10 to $2,910 per ounce in the international market. Prices in the local market are adjusted by a premium of $20 against rates in the international market. Silver rates remained unchanged at Rs3,350 per tola. Similarly, 10-gram silver rates also stood the same at Rs2,872.08.