Gold per tola gains Rs4,200 in Pakistan

Business Recorder reported that gold prices in Pakistan moved higher on Wednesday, tracking a rise in the international market. Locally, the tola rate climbed to Rs463,936 after adding Rs4,200 during the session. Compared with the Tuesday rate, the tola price is now higher by the same Rs4,200 amount.

According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the 10-gram price stood at Rs397,750 after a Rs3,601 increase. Tuesday's tola rate had been Rs459,736, following a Rs2,400 gain earlier in the day.

Abroad, gold rose $42 to $4,415 per ounce, with a $20 premium included. Silver prices moved in the same direction, rising Rs146 to Rs7,111 per tola. Gold and silver prices both rose on the day, according to the figures reported.