All-Pakistan Sarafa Gems and Jewellers Association (APSGJA) shared the data which showed that the price of gold (24 carats) went up by Rs700 per tola and Rs600 per 10 grams to settle at Rs204,200 and Rs175,068.


Karachi: The Gold prices on Friday continued to rise in the local markets amid deepening political tensions and economic crisis
All-Pakistan Sarafa Gems and Jewellers Association (APSGJA) shared the data which showed that the price of gold (24 carats) went up by Rs700 per tola and Rs600 per 10 grams to settle at Rs204,200 and Rs175,068.
Gold slipped to a narrow range staying above the key threshold of Rs200,000 per tola.
In the sixth sessions, the yellow metal cumulatively gained Rs6,700 per tola as the other market slides investors generally found refuge in the gold to maintain a low risk-profile.
The silver prices, meanwhile, remained stagnant at Rs2,150 per tola and Rs1,843.27 per 10 grams, respectively, in the local markets.
The International market also witnessed increase in the gold price as there was a big weekly gain since mid-November as a global banking crisis sent investors flocking to the safe haven metal. After an increase of $10, the price settled at $1,936 per ounce.

Former Brazilian President Bolsonaro found guilty, sentenced to 27 years in prison
- 4 hours ago

Your guide to identifying the 7 most dangerous mosquitoes in the US
- 6 hours ago

President Asif Ali Zardari embarks on China visit
- an hour ago

The world’s biggest back-to-school crisis
- 6 hours ago

60th martyrdom anniversary of Major Aziz Bhatti today
- 2 hours ago

The US is on the verge of a mosquito-borne disease crisis
- 6 hours ago

Israeli attack: Qatari PM to meet US President today
- 2 hours ago

Lower Dir: 7 FC personnel martyred, 13 injured in operation against terrorists
- 2 hours ago

MDCAT schedule to change in view of flood situation
- 19 minutes ago

ISSI signs MoU with China's leading think-tank SIIS
- an hour ago

Democrats can’t save democracy by shutting down the government
- 6 hours ago

Asia Cup T20: Pakistan to play first match against Oman today
- 4 hours ago