Gold price per tola gains Rs3,900 in Pakistan

Local gold rates moved higher on Friday, following the upward trend in the international market. Business Recorder reported that the price of a tola climbed by Rs3,900 during the day to reach Rs469,136.

Per 10 grams, gold sold at Rs402,208 after rising Rs3,344, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). The previous session, Thursday, had seen the tola stand at Rs465,236 after an Rs11,200 rise. The Friday figure is therefore higher than the Thursday level, based on those two sets of rates.

Internationally, gold rose $39 to $4,466 per ounce, and the premium stood at $20. Silver also went up by Rs117, reaching Rs7,161 per tola. Local rates tracked these international figures, which rose during the day.