KARACHI: Gold prices have witnessed an increase of Rs1,100/tola in the Pakistani market on Friday.

The commodity after the increase is now available at Rs117,300/tola for 24 karat gold.

The bullion price for 22 karat gold stood at Rs107,524/tola.

The increase was observed after the market saw an upsurge in the international bullion market. The yellow metal price in the international market stood at $1,771.80.

Further, silver prices declined Rs1,476/tola and Rs1,265.45/10 grams.