Gold sets new price record in Pakistan

Karachi: Gold prices reached a historic high in the country's bullion markets on Friday. In the local market, the price per tola reached Rs314,000 after a single-day rise of Rs4,700.

Accoridng to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), 10-gram gold was sold at Rs269,204 after it registered an increase of Rs4,030. On Thursday, gold price per tola increased by Rs2,800.

Similarly, the international rate of gold also jumped by $46 to settle at $2,988 per ounce.