Gold prices increase Rs1,300 per tola

KARACHI: Gold prices rose by Rs1,300 per tola on Friday in the local market following an increase in the international market.The All Sindh Saraf Jewellers Association said that gold rates reached Rs267,000 per tola.

Similarly, the price of 10-gram gold rose by Rs1,115 to Rs229,510.Gold rates increased by $13 to $2,565 per ounce in the international market. Silver rates remained unchanged at Rs3,250 per tola. Similarly, 10-gram silver rates also stood the same at Rs2,786.Prices in the local market are adjusted by a premium of $20 against rates in the international market.