Gold price per tola gains Rs5,200 in Pakistan

Business Recorder reported that gold rates in Pakistan rose on Friday, tracking gains in the international market. Local gold per tola stood at Rs477,136 after adding Rs5,200 during the session. The All-Pakistan Gems and Jewellers Sarafa Association put the 10-gram price at Rs409,067, up Rs4,458.

On Thursday, the tola rate had stood at Rs471,936 after a Rs13,700 gain, making Friday's increase considerably smaller. The international gold rate rose $52 to $4,547 per ounce, a figure that includes a $20 premium.

Silver also edged up, gaining Rs210 and standing at Rs7,379 per tola. Both metals therefore rose in the local market on Friday, according to the rates reported by Business Recorder.