Price of yellow metal reaches Rs406,778 per tola after a single-day rise of Rs3,178
Karachi: Gold prices in Pakistan set a new record on Tuesday, in line with their increase in the international rates. The price of the yellow metal reached Rs406,778 per tola after a single-day rise of Rs3,178.
According to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), 10-gram gold was sold at Rs348,746 after it registered an increase of Rs2,725.
On Monday, the gold price per tola reached Rs403,600 after a gain of Rs5,900 during the day.
The international rate of gold also surged by $37 to settle at $3,855 per ounce during the day.
Internationally, gold prices rose to hit a fresh high on Tuesday and were poised for their best month in 14 years, as fears of a potential US government shutdown and growing expectations of further US interest rate cuts boosted demand for the safe-haven metal.
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