KARACHI: Gold prices have increased on Friday.
Data released by All Sindh Sarafa Association showed that the gold price surged by Rs3,000 per tola and Rs2,572 per 10 grams to settle at Rs144,000 and Rs123,457.
The gold market has seen consistency in the last few days as the rupee rallied. However, the local currency resumed its downward slide, which lifted gold prices.
Cumulatively, the price of yellow metal soared by Rs5,000 per tola in the last two sessions (Thursday-Friday).
Silver prices in the domestic market surged by Rs10 per tola and Rs8.58 per 10 grams to settle at Rs1,480 per tola and Rs1,268.86 per 10 grams today.