Karachi (Staff Report): The price of gold has increased in Pakistan.

According to Sarafa (Jewelry) Bazaar Association, prices of per tola (11.33 grams) gold had surged by Rs 2,000 to reach Rs 58,300. The price for ten grams increased by Rs 17,500 to Rs 49,983.

The per tola price of silver also increased in the country by Rs 10 and was now being sold at Rs800.

In the international market, gold gained above $1,200 per ounce on Monday as the dollar weakened after the United States and Mexico struck an agreement that lowers trade tensions.