Gold Rate in Pakistan Surges for Second Straight Day

The price of gold in Pakistan posted its second big increase of the week on Thursday after going up by Rs. 3,100 per tola a day earlier.  The price of 24 karat per tola gold increased further by Rs. 2,300 and was sold at Rs. 282,800 on Thursday against its sale at Rs. 280,500 on previous trading day, the All-Sindh Sarafa Jewellers Association reported.   The price of 10 grams of 24 karat gold also increased by Rs. 1,971 to Rs. 242,455 from Rs. 240,484 whereas that of 10-gram 22 karat also went up to Rs. 222,250 from Rs. 220,443.  The prices of per tola and ten-gram silver remained constant at Rs. 3,450 and Rs. 2,957.81 respectively.  The price of gold in the international market increased by $23 to $2,716 from $2,693, the Association said.