KARACHI: Gold rate in Pakistan increased by Rs300 to Rs257,700 per tola in the local market on Friday (Aug 16).

The price of 10 grams also increased by Rs256 to Rs.220,936 from Rs.220,680, All Sindh Sarafa Jewellers Association reported.

The price of per tola silver increased by Rs.50 to rs.2,900 whereas that of ten gram silver went up by Rs.42.87 to Rs.2,486.28.

Prices of gold in the international market increased by $7 to $2,461 as compared to the previous day rates of $2,454, the Association reported.