Gold gained for the second consecutive session on Wednesday ahead of the announcement of US employment data.
Bullion prices in the local market gained Rs600 per tola and Rs514 per 10 grams today to reach Rs115,600 and Rs99,108.
According to rates issued by All Sindh Sarafa Association, gold prices clocked in at Rs115,000 per tola and Rs98,594 per 10 grams on Tuesday (October 5).
It is pertinent to mention that the gold rates in Pakistan are around Rs500 below cost compared to the gold rate in the Dubai market.
Meanwhile, silver prices in the domestic market remained unchanged at Rs1,400 per tola and Rs1,200.27 per 10 grams today.