Gold per tola gains Rs13,700 in Pakistan

Business Recorder reported that domestic gold rates rose on Thursday, moving alongside gains in the international market. A tola of gold reached Rs471,936 locally after an increase of Rs13,700 during the day. On Wednesday, the same measure had stood at Rs458,236 after falling Rs3,700 during the day.

Rates from the All-Pakistan Gems and Jewellers Sarafa Association put 10-gram gold at Rs303,609 after a rise of Rs11,746. Internationally, gold climbed $137 to $4,495 per ounce, and the quoted figure includes a $20 premium.

Silver also moved higher during the session, with its price per tola rising Rs369 to Rs7,169. Both metals therefore recorded gains on Thursday, and together the moves show local rates tracking overseas quotations.