In Pakistan, gold prices increase by Rs 500 per tola.

On Friday, the price of gold showed a growing trend in Pakistan’s domestic market in accordance with rising global prices.

The price of 24-karat gold rose by Rs500 per tola to close at Rs250,700, according to data provided by the All Pakistan Gems and Jewellers Association.

The precious commodity’s price rose by $5 to $2,400 on the global market.

After reaching a record high in Pakistan one day earlier, gold saw its first decline in four days during the current business week.

On Thursday, the price of gold per tola fell by Rs1,700 to close at Rs250,200 in the local market. In Pakistan, the price of ten grams of gold decreased by Rs1,458 to settle at Rs214,506.

The price of the valuable metal fell by $17 to $2,395 per ounce on the global market, continuing its downward trend.