Gold records increase of over Rs10,000 per tola in Pakistan

Gold prices surged in Pakistan on Monday following a sharp rise in the international bullion markets.

According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola climbed by Rs10,800 to reach Rs455,136.

The rate of 10 grams of gold also increased by Rs9,720, taking it to Rs389,600.

On Saturday, gold had closed at Rs444,336 per tola after registering a gain of Rs4,370.

In the international market, gold prices rose by $108 per ounce to $4,327, including a premium of $20.

Silver prices also moved higher, with the per-tola rate increasing by Rs230 to reach Rs7,509.