Cumulatively, the yellow metal has gained Rs6,000 per tola during the last five sessions


Karachi: Gold price in Pakistan soared above Rs152,000 per tola level as political uncertainty in the wake of the current situation in the country triggered bullion’s appeal among investors and users.
According to data released by the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of the gold jumped by Rs1,400 per tola and Rs1,200 per 10 grams to settle at Rs152,400 and Rs130,658, respectively.
Cumulatively, the precious commodity has gained Rs6,000 per tola during the last five sessions.
In the international market, the price of the yellow metal declined by $12 per ounce settling at $1,651 as the dollar rose, with zero-yield bullion giving up gains from bets for a slowdown in monetary tightening later in the year as immediate focus turned to an impending rate hike next week.

New great feature for people using Gmail on Android phones
- 2 hours ago

Two terrorists killed in police, CTD joint operation in Bannu
- 4 hours ago

Shadab Khan suffers shoulder injury, likely to rest for 3 months
- 4 hours ago

Maternity homes sealed after 20 newborns died in Pakpattan
- 3 hours ago

Motorcyclist dies after being hit by water tanker in Karachi
- 4 hours ago
Judicial Commission approves appointments of CJs of three high courts
- an hour ago

Cambridge offers candidates free re-sits for leaked exam papers
- 2 hours ago

Massive hike in gold rates across Pakistan
- 19 minutes ago

Thai court suspends PM over phone call leak
- 4 hours ago

Student dies, 8 injured as van catches fire near Ahmadpur Sharqia
- 9 minutes ago

Iranian hackers threaten to leak emails of Trump's close aides
- 4 hours ago

Prisoners lists exchanged between Pakistan, India
- 2 hours ago