Gold prices surge by Rs3,200 per tola

The prices of gold witnessed a significant increase in the local market on Monday, with the price of 24-karat gold per tola rising by Rs3,200 to settle at Rs432,336, according to rates issued by the All Pakistan Sarafa Gems and Jewellers Association. Similarly, the price of 10 grams of 24-karat gold increased by Rs2,744 to Rs370,658, while 10 grams of 22-karat gold rose by Rs2,516 to Rs339,782. In the international market, the price of gold increased by $32 to $4,098 per ounce, the association reported. Meanwhile, the price of silver per tola increased by Rs55 to Rs5,723, while the price of 10 grams of silver rose by Rs47 to Rs4,906. The price of silver in the international market also increased by $0.55 to $52.45 per ounce, the association added.