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Business

Gold prices rise by Rs1,200 per tola

Gold prices rise by Rs1,200 per tola
ISLAMABAD, Oct 5 (APP):The prices of gold witnessed an increase in the local market on Monday, with the price of 24-karat gold per tola rising by Rs1,200 to settle at Rs437,536, according to rates issued by the All Pakistan Sarafa Gems and Jewellers Association.
Similarly, the price of 10 grams of 24-karat gold increased by Rs1,029 to Rs375,116, whereas 10 grams of 22-karat gold rose by Rs943 to Rs343,868.
In the international market, the price of gold increased by $12 to $4,150 per ounce, the association reported.
Meanwhile, the price of silver per tola increased by Rs66 to Rs6,588, while the price of 10 grams of silver rose by Rs57 to Rs5,648.
The price of silver in the international market also increased by $0.66 to $61.10 per ounce, the association added.

Source: APP (Associated Press of Pakistan)