Gold rates go up in Pakistan

KARACHI: Gold prices in Pakistan increased on Saturday despite a decrease in the international market.

Locally, the price of gold per tola registered increase of Rs1,000, clocking in at Rs262,500.

Similarly, the 10-gram gold was sold at Rs225,051 after it gained Rs857, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

Meanwhile, silver prices remained unchanged at Rs2,950 per tola.

Globally, the precious yellow metal was set at $2,503 per ounce after losing $13 during the day.

Last week, gold prices hit a record high level of Rs263,700 per tola in Pakistan.