Gold Price Increases by PKR 1,450 per Tola in One Day


 The gold price increases by PKR 1450 in Pakistan on Tuesday taking it to Rs 67,800 per tola (12 grams).

Similarly, the price of 10 grams of gold rose by PKR 1244 taking it to PKR 58,128. The hike was attributed to gold price increase in the international market.

The Sindh Sarafa Bazar Association said the gold price first went up by PKR 850 per tola, followed by another PKR 600 increase during the day.

Haroon Chand, president of Sindh Sarafa Bazar Association, said quoting closing price of gold twice has been a practice in the past, depending upon unusual fluctuation in gold price.

He said there were buyers of gold in the market, but not sellers, which has resulted in increase in its price.

Haroon Chand said the gold price increases by $10 in the international market taking it to $1250 per ounce.

Also Read: Gold Rate in Pakistan increased as global prices hit 5 month high


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.