Gold jumps Rs3,200 a tola to Rs432,336 as international price tops $4,098 an ounce
By Editorial Desk1 min read
Gold in Pakistan became Rs3,200 more expensive per tola on Monday, with 24-karat bullion settling at Rs432,336, the All Pakistan Sarafa Gems and Jewellers Association reported.
The move tracked the international market, where the association said gold rose $32 to $4,098 an ounce. Ten grams of 24-karat gold gained Rs2,744 to Rs370,658, while the same weight of 22-karat gold rose Rs2,516 to Rs339,782.
Silver followed. The association put the price of one tola of silver up Rs55 at Rs5,723, and 10 grams up Rs47 at Rs4,906. Internationally, silver added $0.55 to $52.45 an ounce.
The association's rates are the reference local dealers use, so the increase feeds straight into what buyers pay at the counter and what sellers receive for old gold.
