After decreasing in the last session, gold prices in Pakistan increased on Monday in line with their gain in international rates. In the local market, the price of gold per tola increased by Rs200, clocking in at Rs275,700.
Similarly, 10-gram gold was sold at Rs236,368 after it recorded an increase of Rs171, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
On Saturday, gold price decreased by Rs700 to settle at Rs275,500.
Meanwhile, the international rate of gold inched up on Monday. As per the APGJSA, the rate was at $2,656 per ounce (with a premium of $20), and up by $3 during the day.
Silver prices remained stable at Rs3,050 per tola.
Last month, gold price hit a record high level of Rs277,000 per tola in Pakistan.
Source: Brecorder