KARACHI: The gold prices in Pakistan increased on Monday as 24 karats of gold was traded at Rs1,48,300 per tola, Karachi Sarafa Association reported.

With this increase of Rs950 per tola, the price for 24-karat gold has reached Rs1,48,300. Likewise, the price of 10-gram gold also increased by Rs814 and was traded at Rs1,27,143.

The same trend is also observed in the international gold market where the price of gold has increased by $13 per ounce during the current week. The price per ounce has reached $1,657. The gold prices are surging in the country.