Gold prices up Rs1,100 per tola to all-time high

KARACHI: Gold prices rose by Rs1,100 per tola on Tuesday 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 Rs273,000 per tola.

Similarly, the price of 10-gram gold rose by Rs943 to Rs234,053.Gold rates increased by $11 to $2,628 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.