Pakistan
Gold price reaches three and half months high in Pakistan
The jump in gold price was mainly linked to the weakening of the Pakistani rupee
Karachi: Gold prices reached three and half months high in the local bullion markets in the country on Tuesday.
The price of gold soared by Rs1,000 per tola and Rs851 per 10 grams to settle at Rs157,000 and Rs134,602, respectively, data released by the All Pakistan Sarafa Gems and Jewellers Association (APSGJA) showed.
In the international market, the price of the yellow metal surged by $18 per ounce settling at $1,775.