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.
President zardari in Doha to attend World Social Development Conference
- 7 گھنٹے قبل
Arab-Islamic countries have jointly called for urgent humanitarian aid for the Palestinians
- 7 گھنٹے قبل
Saturday Night's Main Event takeaways: Has Jey Uso's time to claim the World Heavyweight title passed?
- ایک دن قبل
Texas Tech, Irish in top 10 before 1st CFP ranking
- 2 گھنٹے قبل
Welcome to the November issue of The Highlight
- 12 گھنٹے قبل
If Man City are going to win the Premier League, all roads lead to Haaland
- 13 گھنٹے قبل
Lady Vols' Whitehorn dismissed after 2nd arrest
- 13 گھنٹے قبل
Marchand nets 'special' goal for pal's late daughter
- ایک دن قبل
Will the attacks on Zohran Mamdani awaken a “sleeping giant”?
- 12 گھنٹے قبل
Pakistan’s blue economy will be a “game changer" for the country, Finance Minister
- 7 گھنٹے قبل
Govt, parliament to decide on sending troops to Gaza, Pak army focused on security: ISPR
- ایک دن قبل
Kyle Larson wins NASCAR championship, denies Denny Hamlin
- 2 گھنٹے قبل
