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Gold gains Rs4,300 per tola in Pakistan

KARACHI: Gold prices in Pakistan rebounded on Wednesday, rising by Rs4,300 per tola after three consecutive sessions of losses.

The All Pakistan Gems and Jewellers Sarafa Association reported that a tola of gold was priced at Rs441,636, compared with Rs437,336 on Tuesday. The price of 10 grams increased by Rs3,686 to Rs378,631.

Before Wednesday’s rise, prices had fallen by Rs2,100 on September 26, Rs12,800 on September 28, and another Rs800 on Tuesday.

Internationally, gold gained $43 to reach $4,191 per ounce. Domestic bullion rates generally track movements in the global market.