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.

Dubai's population touches highest in history
- 2 hours ago

World-famous Italian fashion designer Giorgio Armani dies
- 2 hours ago

10th spell of monsoon to hit Punjab tomorrow, heavy rains predicted
- 42 minutes ago

Why 3-year-olds need smartphones*
- 5 hours ago

The one-sided intimacy of being a fan
- 5 hours ago

ISSI hosts Japanese envoy: Pakistan-Japan relations get a boost
- 2 hours ago

Major oil and gas discovery in Attock
- 3 hours ago

Singer Qurat-ul-Ain Baloch injured in bear attack
- 3 hours ago

Why kids are all posing like this in pictures
- 5 hours ago

The US strike on a Venezuelan drug boat, briefly explained
- 5 hours ago

The right debates just how weird their authoritarianism should be
- 5 hours ago

Former US President Biden undergoes surgery to treat cancer
- an hour ago