Gold prices soar

Gold prices surged on Thursday by Rs 1,350 per tola to Rs 58,500 on the local market after the prices of the yellow metal jumped to $1,662 an ounce, traders said. The prices of gold per 10 grams also grew to Rs 50,142 from Rs 48,985 with an increase of Rs 1,157 in a single day trading. On the international market, the precious metal price posted an increase of $46 per ounce, traders said.

Silver is being sold for Rs 1,000 per tola and Rs 857 per 10 grams on the local market, they further said.

Copyright Business Recorder, 2012

Muhammad Ramzan Rafique
Muhammad Ramzan Rafique

I am from a small town Chichawatni, Sahiwal, Punjab , Pakistan, studied from University of Agriculture Faisalabad, on my mission to explore world I am in Denmark these days..

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