Gold rate increased on 16 Feb

Karachi: On Tuesday 16 February, at the close of the bullion market, a single tola of 24 karat gold was sold in Pakistan for Rs111,200.

Similarly, at the close of trade, 10 grams of 24k gold were valued at Rs95,336.

Additionally, for Rs87,391, 10 grams of 22k gold was exchanged.

The All Sindh Saraf Jewellers Association said that data earlier had decreased the price of the precious metal by Rs200/tola.

Bullion prices have declined from $4 to $1,820/ounce in the foreign market as well.

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