Gold Prices in Pakistan Rise Sharply on Friday
Gold prices in Pakistan rose on Friday, according to rates issued by the All Pakistan Sarafa Gems and Jewellers Association.
The price of 24-karat gold per tola increased by Rs 3,400 to Rs 469,562. Meanwhile, the price of 10 grams of 24-karat gold went up by Rs 2,915 to Rs 402,573.
Similarly, the price of 10 grams of 22-karat gold rose by Rs 2,672 to Rs 369,038.
In the international market, gold was priced at $4,472 per ounce, reflecting an increase of $34.
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Silver prices also recorded gains in the domestic market. The price of 24-karat silver per tola increased by Rs 70 to Rs 8,195, while the price of 10 grams rose by Rs 60 to Rs 7,025.
International silver prices stood at $77.20 per ounce, up by $0.7.
The association said local gold rates are based on interbank exchange rates and a purity level of 999 for 24-karat gold.