Business
Gold price increases Rs800 per tola in Pakistan
The price of per tola gold touched Rs132,000 in local markets
Karachi: While the Pak Rupee fell to all-time low of Rs185.2 against the greenback in the interbank market, gold price also gained Rs800 per tola.
The yellow metal gained Rs800 per tola and Rs686 per 10 grams to settle at 132,000 and Rs113,169, respectively.
The precious commodity market remains torn between those investors looking towards gold as an offset against inflation, growth worries and high volatility in the other financial markets.