Gold price per tola gains Rs4,200 in Pakistan

Local gold rates climbed on Monday, following a rise in the international market, Business Recorder reported. A tola of gold now costs Rs487,136 after adding Rs4,200 over the course of the day.

Rates for 10-gram gold were set at Rs417,640 after a rise of Rs3,601, according to figures from the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Saturday, the tola had closed at Rs482,936 after a Rs5,700 gain during that day. Abroad, the international rate rose $42 to $4,646 per ounce, a figure carrying a premium of $20, while silver held steady at Rs7,379 per tola.

The Monday movement follows the international trend, with the local tola price moving upward alongside global prices. Compared with the Saturday rate of Rs482,936, the current tola figure is higher by Rs4,200.