Gold price increases Rs2,200 per tola in Pakistan

Gold prices in Pakistan saw a increase on Friday, reflecting the upward trend in global markets.

The price of gold rose by Rs2,200 per tola, reaching Rs276,900 in the local market.

Similarly, the rate for 10 grams of gold climbed by Rs1,886 to stand at Rs237,397, according to data provided by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

This follows a Rs1,100 increase per tola on Thursday, when the price settled at Rs274,700.

In the international market, gold prices also surged on Friday. APGJSA reported the rate at $2,657 per ounce, inclusive of a $20 premium, marking a $22 rise during the day.

Meanwhile, silver prices in Pakistan remained stable at Rs3,350 per tola.