The price of gold in Pakistan rebound on Friday after witnessing a massive decline a day earlier, reflecting global market trends.
In the local market, the price of 24-karat gold per tola increased by Rs2,000, settling at Rs278,800, according to data shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
Similarly, the price of 10 grams of 24-karat gold hiked by Rs1,715, taking it to Rs239,026.
Also Read: Gold prices in Pakistan witness massive decline of Rs5,400
In the international market also, the price of gold picked by $21 on Friday, reaching $2,683 per ounce with an additional premium of $20.
Silver prices in the local market remain stable at Rs3,300 per tola.