Gold price reaches Rs 35,000 per tola

Upward rally in gold price continues in local and international markets as gold hit record high of Rs 35,000 per tola in Pakistan on Wednesday. Gold prices surged to Rs 35,000 per tola, up Rs 200 whereas price of 10 grams increased to Rs 30,000, up Rs 200 in local markets including Karachi. In Hong Kong, gold price per ounce closed at 1,011 dollars. According to experts, the continuous decline in dollar value is causing surge in gold buying and the prices are increasing.