ISLAMABAD: Gold price in the country surged by Rs5,500 (+2.59 percent) per tola on a week-on-week basis after dropping by Rs27,300 (-11.38 percent) in the preceding week, following an uptick in international prices. The gold rate for a single tola of 24-karat on a week-on-week (WoW) basis increased to Rs218,000 from Rs212,500, according to different local gold markets. Similarly, the gold rate for 10 grams of 24-karat surged to Rs186,900 from Rs182,184 a week ago, showing an increase of Rs4,716. Likewise, 10 grams of 22-karat gold were being traded for Rs171,324 while a single tola of 22-karat gold was being sold at Rs199,832. It is to be noted that local bullion pricing body, Karachi Sarafa Market, has refrained from announcing daily commodity prices since Wednesday and the prices quoted above are being collected from different markets. TLTP
