The gold rate in Pakistan further increased by Rs1,400 to Rs271,900 per tola in the local market on Wednesday (Nov 13).

Similarly, the price of 10-gram gold rose by Rs1,200, reaching Rs233,111, according to the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA).

On Tuesday, gold prices had dropped by Rs7,000, closing at Rs270,500 per tola.

Meanwhile, the global gold rate increased on Wednesday. APGJSA reported an international price of $2,607 per ounce (with a $20 premium), showing a rise of $14 during the day.

Silver prices, however, remained steady at Rs3,250 per tola.

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