Gold price soars to Rs198,400 per tola

The per tola price of 24 karat gold increased by Rs400 on Saturday and was traded at Rs198,400 against sale at Rs 198,000 the last trading day. The price of 10 grams of 24 karat gold also increased by Rs343 to Rs170,096 against Rs169,753, whereas that of 10 grams of 22 karat went up to Rs155,921 from Rs155,607 , All Sindh Sarafa Jewellers Association reported. The price of one tola and ten gram silver remained constant at Rs2,160 and Rs1,851.85 respectively. The price of gold in the international market witnessed no change and was traded at US$ 1865, the association reported.