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Gold prices up Rs2,700 per tola

By Our Correspondent
October 12, 2024
A woman picks a gold earring at a jewellery shop on May 24, 2023. — Reuters
A woman picks a gold earring at a jewellery shop on May 24, 2023. — Reuters

KARACHI: Gold prices increased by Rs2,700 per tola on Friday in the local market following an increase in the international market.

The All Sindh Saraf Jewellers Association stated that gold rates reached Rs273,900 per tola. Similarly, the price of 10-gram gold rose by Rs2,315 to Rs234,825.Gold rates increased by $27 to $2,640 per ounce in the international market. Silver rates remained unchanged at Rs3,050 per tola. Similarly, 10-gram silver rates also stood the same at Rs2,614.88.Prices in the local market are adjusted by a premium of $20 against rates in the international market.