KARACHI: The local gold prices on Wednesday surged with the global bullion value nearing $2350 an ounce, traders said.

The precious metal gained Rs800 and Rs686 to reach Rs242300 per tola and Rs207733 per 10 grams, respectively.

On the world market, bullion value grew by $21 to $2345 an ounce with silver standing at $30.13 an ounce, traders said. Domestically, silver prices remained steady at Rs2850 per tola and Rs2443.41 per 10 grams, traders added.

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