Gold Price in Pakistan Remains Near Record High After Slight Increase

The price of 24 karat per tola gold increased by Rs. 1,700 and was sold at Rs. 303,700 on Monday against its sale at Rs. 301,500 on previous trading day, All Pakistan Sarafa Gems and Jewelers Association reported.  It is pertinent to mention here that the price of the precious metal fell by Rs. 4,700 per tola on Saturday to settle at Rs. 301,500, down from the record high of Rs. 306,200 registered on Thursday.  The price of 10 grams of 24 karat gold also increased by Rs. 1,458 to Rs. 259,945 from Rs. 258,487 whereas that of 10-gram 22 karat went up to Rs. 238,283 from Rs. 236,955.  The prices of per tola and ten-gram silver were traded at Rs. 3,350 and Rs.  2,872 respectively.  The price of gold in the international market increased by $17 to $2,900 from $2,883 whereas the prices of silver in international market was recorded at $32.45, the Association reported.