Gold Rate Rises Again as Two Day Increase Hits Nearly Rs. 7,000 Per Tola

The price of 24 karat gold witnessed an increase of Rs. 1,000 per tola on Tuesday and was sold at Rs. 354,100 per tola against its sale at Rs. 353,100 on the previous trading day, All Pakistan Sarafa Gems and Jewelers Association reported. Yesterday, the price of the yellow metal in the country rose by Rs. 5,900 per tola. Today’s increase takes the 2-day surge in the price of gold to Rs. 6,900 per tola. The prices of 10 grams of 24 karat also increased by Rs. 857 to Rs. 303,583 from Rs. 302,726 whereas the price of 10 grams of 22 Karat went up by Rs. 786 to Rs. 278,294 from Rs. 277,508. The rates of per tola and ten-gram silver went up by Rs. 130 and Rs. 112 to Rs. 3,586 and Rs. 3,074 respectively. The price of gold in the international market increased by $10 to $3,357 from $3,347 whereas that of silver went up by $1.3 to $34.28, the Association reported.