Gold hits record high, at Rs 37,650

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Gold hits record high, at Rs 37,650

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24 November,2009 08:05 pm

The trend of increase in gold prices continued in local and international markets as gold hit record high of Rs 37,650 per tola in Pakistan on Tuesday.Gold prices surged to Rs 37,650 per tola, up Rs 100 whereas price of 10 grams increased to Rs 32,271, up Rs 86 in local markets including Karachi. In international markets, gold price increased by $5 per ounce to reach $1171. The continuous decline of dollar value is causing surge in gold buying and the prices are increasing.