ISLAMABAD, May 16: According to Karachi Sarafa Association the price of 24 karat gold soared by 600 on Thursday and was traded at Rs71, 700 per tola as compared to the last closing at Rs 71,100.

The price of 10 gram gold also witnessed increase of Rs 514 and was traded at Rs 61,471 against Rs 60,957 of last day.

The price of silver remained constant and was traded at Rs850 per tola and that of 10 grams silver was traded at Rs728.73.

According to the Rawalpindi-Islamabad local Sarafa Association, the per tola price of 24-karat gold in the twin cities of Rawalpindi and Islamabad increased by Rs 700 and was traded at Rs 70,100 and that of 10 grams gold was decreased by 600 and was traded at Rs 60,100against  Rs59,500 of last day.

In international market the price of per ounce gold decreased by $3 and was traded at $1295 as compared to the last closing at $1298.

(APP)

28017