ISLAMABAD: The rates of per tola of 24 karat gold increased by Rs.1,100 and was sold at Rs.244,400 on Friday against its sale at Rs.243,300 on last trading day.
The price of per tola and ten gram silver remained constant at Rs.2,850 and Rs.2,443.41 respectively.
The price of gold in the international market increased by $9 to $2,364 from $2,3355, the Association reported.
On Thursday, gold price per tola reached Rs243,300 after a single-day gain of Rs1,000 in the local market.
The 10-gram gold was sold at Rs208,590 after it registered an increase of Rs857.
It is pertinent to mention here that back in April, gold prices in the local market had reached an all-time high of Rs252,200 per tola.
The fluctuations in gold prices are largely driven by changes in the international market, reflecting the global demand and supply dynamics for the precious metal.
