Gold sold at Rs115,600 per tola in Pakistan on January 5

• 10 grams of 22k gold was traded for Rs90,850.
• 10 grams of 24k gold was sold at Rs99,108 at the opening of trading.
• Silver rates also rose by Rs1,400/tola on Monday.

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KARACHI: A single tola of 24-karat gold in Pakistan is being sold at Rs115,600 on Tuesday, January 5, at the opening of the bullion market after the price of the precious metal witnessed a sharp spike of Rs1,300 a day prior.

Likewise, 10 grams of 24k gold was sold at Rs99,108 at the opening of trading.

Meanwhile, 10 grams of 22k gold was traded for Rs90,850 with one tola of 22k gold being traded at Rs105,967.

In the international market, bullion rates increased from $34 to $1,933/ounce.

Jewelers claimed prices in the local market remained Rs3,000/tola lower, compared with the rates in the Dubai gold market.

Likewise, silver rates also rose from Rs80 to Rs1,400/tola while the price of 10 grams silver increased Rs68.59 to Rs1,131.68.