Gold prices have seen a significant rise, with the price per tola increasing by Rs 4,250 in Pakistan.
According to All Sindh Sarafa Jewellers Association, the price of 24-karat per tola gold increased by Rs 4,250 and was sold at Rs 287,450 against its sale at Rs 283,200 on a previous trading day.
The price of 10 grams of 24 karat gold also increased by Rs 3,642 to Rs 246,440 from Rs 242,798 whereas that of 10 gram 22 karat also went up to Rs 225,911 from Rs 222,565.
The prices of per tola silver increased by Rs.59.40 to Rs.3,431 whereas that of ten gram silver went up by Rs.51.50 to Rs 51.50 and Rs 2,941 respectively.
This price hike is partly due to an increase in the global gold market, where the price per ounce has risen by $40 to $2,751.
A day earlier, the price of 24 karat per tola gold increased by Rs 300 and was sold at Rs 283,200 on Tuesday against its sale at Rs 282,900 on previous trading day.
According to All Sindh Sarafa Jewellers Association, the price of 10 grams of 24 karat gold also increased by Rs 257 to Rs 242,798 from Rs 242,541 whereas that of 10 gram 22 karat also went up to Rs 222,565 from Rs 222,337.
The prices of per tola and ten gram silver remained constant at Rs 3,372 and Rs 2,890 respectively.
The price of gold in the international market increased by $3 to $2,711 from $2,708, the Association reported.
