KARACHI: Gold price in Pakistan increased by Rs1,200 to Rs253,500 per tola in the local market on Wednesday (July 31).

The price of 10 grams of 24 karat gold also increased by Rs. 1,029 to Rs. 217,335 from Rs 216,306 whereas that of 10 gram 22 karat gold went up to Rs.199,224 from Rs.198,281, the All Sindh Sarafa Jewellers Association reported.

The price of per tola silver increased by Rs.40 to Rs2,900 whereas that of ten gram silver increased by Rs.28.30 to Rs.2,486.28. The price of gold in the international market increased by $27 to $2,415 from $2,388, the Association reported.