Gold price surges by Rs11,700 per tola in Pakistan

Gold prices in Pakistan increased on Saturday in line with the international market. In the local market, the gold price per tola reached Rs519,462 after a gain of Rs11,700. According to All Pakistan Gems and Jewellers Association (APGJSA), 10-gram gold was sold at Rs445,354 after an increase of Rs10,030. The international rate of gold was up by $117 to reach $4,967 per ounce (with a premium of $20). Meanwhile, the price of silver increased by Rs444 to reach Rs8,269 per tola.