Gold price jumps Rs9,600 per tola in Pakistan

Business Recorder reported on Thursday that Pakistani gold prices rose alongside bullion abroad. The local price for one tola reached Rs435,636, up Rs9,600 during the day. A 10-gram quantity was quoted at Rs373,487 after an increase of Rs8,230, based on rates issued by the All-Pakistan Gems and Jewellers Sarafa Association.

The previous day, the per-tola rate had ended at Rs426,036 after gaining Rs13,900. In international trading, gold advanced by $96 to $4,131 an ounce. Silver also moved higher in Pakistan, rising Rs100 to Rs5,763 per tola. The figures show gains across both precious metals in the local market, while gold’s international advance coincided with the domestic increase.