Gold Prices Continue to Rise in Pakistan for Second Day

Gold got more expensive in Pakistan on Thursday. The interbank rate for one tola of 24-karat gold rose by Rs 9,600, taking it to Rs 435,636.

The All-Pakistan Sarafa, Gems and Jewellers Association released the rate. It is based on the interbank exchange rate and 999 purity for 24-karat gold.

The price of 10 grams of 24-karat gold went up by Rs 8,230, reaching Rs 373,487. The 22-karat rate for 10 grams rose by Rs 7,544, now at Rs 342,375.

In the world market, gold rose by $96, taking the international price to $4,131 per ounce.

Silver also went up. The price of one tola of 24-karat silver rose by Rs 100, reaching Rs 5,763. For 10 grams, the silver rate rose by Rs85, taking it to Rs 4,940. The international silver price rose by $1.00, reaching $52.85 per ounce.