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Saturday September 21, 2024

Gold prices up Rs500 per tola to all-time high

By Our Correspondent
September 22, 2024
An undated file image of a woman wearing gold bangles. — AFP
An undated file image of a woman wearing gold bangles. — AFP

KARACHI: Gold prices rose by Rs500 per tola on Saturday in the local market following an increase in the international market. With this increase, gold prices reached an all-time high in the local as well as in the international market.

The All Sindh Saraf Jewellers Association stated that gold rates reached Rs272,500 per tola.

Similarly, the price of 10-gram gold rose by Rs429 to Rs233,625.

Gold rates increased by $10 to $2,622 per ounce in the international market.

Silver rates remained unchanged at Rs2,950 per tola. Similarly, 10-gram silver rates also stood the same at Rs2,529.14.

Prices in the local market are adjusted by a premium of $20 against rates in the international market.