Gold price rises by Rs1,000

The per tola price of 24 karat gold increased by Rs1000 and was sold at Rs205,600 on Tuesday against its sale at  Rs204,600 the previous day, All Sindh Sarafa Jewellers Association reported. The price of 10 grams of 24 karat gold also increased by Rs857 to Rs176,268 from Rs175,411, whereas the price of 10 grams 22 karat gold went up to Rs161,580 from Rs160,794. The price of per tola silver and ten-gram silver remained unchanged to close at Rs2050 and Rs1929 respectively. The price of gold in the international market dipped by US$7 to $1957 against its sale at $1950, the association reported.