Gold prices surge by Rs5,300 per tola in Pakistan

Gold prices went up in Pakistan on Saturday in line with precious yellow metal's gains in the international market.

According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), per tola price of gold reached Rs444,162 in the domestic market after a Rs5,300 increase during the day.

Likewise, rate of 10-gram gold clocked in at Rs380,797 after it gained Rs4,544.

On Friday, prices of precious metal remained stable for a second straight day with the per-tola gold priced at Rs 438,862.

In the international market, rate of gold surged by $53 to reach $4,218 per ounce (with a premium of $20).

Separately, the rate of silver also increased by Rs267 to reach Rs5,909 per tola.