RECORDER REPORT

KARACHI: Gold prices on Tuesday witnessed a steep increase on the local market, traders said. They shot up by Rs2800 to Rs145200 per tola and Rs2400 to Rs124485 per 10 grams.

On the world market, gold prices were quoted for $1717 per ounce.

Silver prices grew by Rs10 to Rs1580 per tola and Rs8.58 to Rs1354.60 per 10 grams, traders said.