Gold jumped by Rs 428 to close at Rs 49,028 per 10 grams in the local market Thursday, as its international price improved to $ 1,764 an ounce, market sources said.

According to Karachi Saraf Association official, tola (11.664 grams) price also increased by Rs 500 to Rs 57,200.

However, silver closed unchanged at Rs 925.71 per 10 grams.