· · 2 sources

Gold prices in Pakistan rise by Rs13,900 per tola

The All Pakistan Sarafa Gems and Jewellers Association reported higher gold and silver rates in the local market on Wednesday.

Gold prices up by Rs.13,900 per tola
File photo Gold prices up by Rs.13,900 per tola Photo: Associated Press of Pakistan

Local gold rates climb sharply

The price of 24-karat gold per tola settled at Rs426,036 after an increase of Rs13,900. A ten-gram bar of 24-karat gold reached Rs365,257 following a rise of Rs11,917. Rates for 22-karat gold also moved higher to settle at Rs334,831 per ten grams.

Silver and international values move

Silver prices in the local market increased by Rs295 to reach Rs5,663 per tola. International gold quotes rose by $139 to settle at $4,035 per ounce. Silver traded globally at $51.85 per ounce after gaining $2.95.

Tuesday rates remained steady

Gold prices did not change on Tuesday when the rate per tola stood at Rs412,136. The association calculated Wednesday figures based on interbank exchange rates with 999.0 purity.

All 2 outlets report consistently

No differences in figures, names or dates across these reports.

  • Associated Press of Pakistan
  • Business Recorder

Reported by

2 independent outlets. Headlines as published. Links open the original report.