Gold price increases by Rs500 per tola in Pakistan

KARACHI – Gold continued its last week’s gaining momentum on Monday as per tola price in Pakistan surged by Rs500 per tola to reach Rs196,500.

According to the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 10 grams of 24 carats gold increased by Rs429 to settle at Rs168,467.

On Saturday, the South Asian country witnessed an increase of Rs2,800 per tola to close at Rs196,000. In the international market, the commodity price increased by $1 to reach at $1844 per ounce.

Meanwhile, silver prices in the domestic market remained unchanged at Rs2,100 per tola and Rs1,800 per 10 grams, respectively. 

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