Gold prices hit record-high in Pakistan

Karachi: Gold prices in Pakistan hit on Wednesday a record-high in Pakistan. In the local market, gold price per tola reached Rs551,662 after a gain of Rs21,100 during the day.

Similarly, 10-gram gold was sold at Rs472,961 after it increased by Rs18,090, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Tuesday, gold price per tola reached Rs530,562 after a decline of Rs1,500 during the day. The international rate of gold was up by $211 to reach $5,293 per ounce (with a premium of $20).

Moreover, international gold broke through $5,200 for the first ​time on Wednesday, ahead of a US Federal Reserve monetary policy decision.