Gold prices rise Rs200/tola

KARACHI: Gold prices increased by Rs200 per tola on Friday in the local market following an increase in the international market rates.

The All Sindh Saraf Jewellers Association stated that gold rates reached Rs216,500 per tola. Similarly, the price of 10-gram gold rose by Rs172 to Rs185,614. Gold rates increased by $4 to $2,056 per ounce in the international market.

Silver rates remained unchanged at Rs2,650 per tola. Similarly, 10-gram silver rates also stood the same at Rs2,271.94. Prices in the local market are adjusted by a premium of $20 in the international market.