Gold and silver prices increased in international and local markets on Friday, pushing precious metal rates higher across Pakistan.
According to market data reported, the international gold price rose by $28 per ounce to reach $4,181. The increase also drove up gold prices in local bullion markets.
Read more: Gold prices remain unchanged at Rs 437,836 a tola
In Pakistan, the price of gold increased by Rs2,800 per tola. The price of 10 grams of gold also rose by Rs2,401, reflecting the upward movement in international rates.
Following the increase, gold reached Rs440,636 per tola in local markets. Meanwhile, the price of 10 grams climbed to Rs377,774.
Silver prices also recorded an increase during the trading session. The rate of 24-karat silver rose by Rs108 per tola in Pakistan.
After the latest adjustment, 24-karat silver reached Rs6,256 per tola in local markets. The rise added to the broader increase in precious metal prices reported on Friday.
Read more: Gold prices fall by Rs 3,000 per tola
The latest changes reflect the impact of international bullion price movements on Pakistan’s local market. Gold and silver rates can fluctuate with global prices and other market factors, leading to regular adjustments in domestic bullion prices.