Gold rate in Pakistan rises by Rs2,800 per tola

Business Recorder reported that gold prices in Pakistan climbed on Friday, tracking gains in the international market. Per tola gold reached Rs440,636 after adding Rs2,800 during the day, while the 10-gram price rose by Rs2,401 to 377,774, according to rates from the All-Pakistan Gems and Jewellers Sarafa Association.

Local gold had held steady at Rs437,836 per tola on Thursday, in line with the international trend. On Friday the international rate rose $28 to $4,181 per ounce, and the local gain followed that move.

Silver also rose, gaining Rs108 to Rs6,256 per tola, which is a new all-time high for the metal. Both precious metals moved up in the same session, as the figures in the report show.