According to Muhammad Arshad, Chairman of All Pakistan Jewelers Manufacturers Association, the increase in the global market resulted in an increase of Rs. 1764 in the overall prices in the barter markets across Pakistan.

Bargain markets in Karachi, Hyderabad, Sukkur, Multan, Lahore, Faisalabad, Islamabad, Rawalpindi, Peshawar, and Quetta traded at the new rates.

It may be recalled that during the last five days, the price of gold per tola in Pakistan increased by Rs. 1250, similarly, the price of ten grams increased by Rs. 1071. During this period, the price of gold per ounce in the world market increased by only 6 dollars.