Gold prices increased in Pakistan on Saturday, tracking gains in international markets, while silver prices moved lower in both local and global trade.
According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold rose by Rs1,300 per tola to reach Rs476,162. The price of 10 grams of gold increased by Rs1,115 to Rs408,232.
In the international market, gold gained $13 per ounce, taking the price to $4,538 per ounce. Meanwhile, silver prices recorded a decline. The price of silver fell by Rs21 per tola to Rs8,013.
The price of 10 grams of silver decreased by Rs18 to Rs6,869. In the global market, silver was quoted at $75.29 per ounce.