KARACHI: Per tola gold price on Friday registered an increase of Rs 1,900 to Rs 109,500 in the domestic market. Sharing the price of the precious metal, All Pakistan Jewelers Manufacturers Association Chairman Muhammad Arshad said that the rate of 10 grams of gold increased by Rs 1,628 to Rs 93,875.
In the international market, gold edged up on Friday en route to a third straight weekly gain, supported by a subdued US dollar and Treasury yields as concern receded over tapering by the US Federal Reserve.
Spot gold ticked 0.1 percent higher to $1,877.70 per ounce by 1158 GMT and was up 1.9 percent on the week. US gold futures fell 0.2 percent to $1,878.90.
With input from INP
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