Gold prices in Pakistan moved higher on Wednesday, in line with massive gains in the international market.
In the local market, the price of gold per tola increased by Rs. 14,800 to reach Rs. 529,162.
Likewise, the price of 10 grams of gold rose by Rs. 12,689 to Rs. 453,671, according to the rates issued by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
A day earlier, gold prices had already seen a sharp jump, with the per tola rate climbing Rs. 24,000 to Rs. 514,362.
On the global front, gold prices gained further momentum, with the international rate rising $148 to $5,064 per ounce, including a premium of $20.
Meanwhile, silver prices in the domestic market also edged up. The price of silver per tola increased by Rs. 109 to Rs. 9,255.