Gold price hits new historic high in Pakistan

Karachi: Gold prices hit another historic high in the local bullion markets of the country on Saturday.  In the local market, the price of gold per tola surged by Rs400, clocking in at Rs292,200.

According to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), 10-gram gold was sold at Rs250,514 after it recorded an increase of Rs343.

On Friday, gold price per tola in Pakistan increased by Rs1,500 to settle at the then-all-time high of Rs291,800. Furthermore, the international rate of gold jumped by $5 to settle at $2,797 per ounce.