Gold prices increased in Pakistan

After a couple of falls, gold prices resorted to reversed trajectory in Pakistan on Wednesday in line with the increase in the international rate.

In the local market, gold price per tola stood at Rs244,000 after a single-day gain of Rs2,900.

The 10-gram gold is being sold at Rs209,191 after an increase of Rs2,487, according to rates shared by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA).

The international rate of gold rose on Wednesday. As per APGJSA, the rate was set at $2,365 per ounce (with a premium of $20) after an increase of $28 during the day.

In the international market, the price of gold fell by $12 to reach $2,337.