KARACHI: Gold prices held steady in both the international and domestic markets on Friday, while silver recorded a moderate surge.
In the international bullion market, the price of gold per ounce held steady at $5,178.
In Pakistan, the price of gold per tola remained unchanged at Rs 540,562, while per 10 grams it stayed at Rs 463,444.
Silver prices, however, recorded an increase. The price per tola rose by Rs 270 to reach Rs 9,474, while per 10 grams it increased by Rs 232 to Rs 8,122.
Spot gold edged down 0.1% to $5,181.18 per ounce by 0837 GMT. The metal has climbed 6.5% so far in February, bringing gains for the seven months to a whopping 58%.
US gold futures for April delivery were up 0.1% at $5,198.10.
Spot silver rose 1.7% to $89.87 per ounce, and was headed for a 6.2% gain on the month.
Spot platinum climbed 4.1% to $2,365.33 per ounce, a four-week high, while palladium gained 2.1% to $1,821.28.
Furthermore, on Thursday, the Pakistani rupee posted a marginal appreciation against the US dollar in the inter-bank market on Thursday.
By the close of trading, the local currency settled at 279.50 per dollar, strengthening by Rs0.01 compared with the previous session.
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