Gold price up by Rs200 per tola

Dunya News

In 2018, precious yellow metal is being traded at Rs 57,700 per 10 grams

KARACHI (Dunya News) – With Rs200 per tola rise, the price of gold has gone up to Rs67,300 in the local market during on Monday.

According to Federation of Gold and Silver Dealers Association of Karachi, the precious yellow metal is being traded at Rs 57,700 per 10 grams after an increase of Rs200 in local market.

In 2018, despite a fall of $19 per ounce in international market, local gold consumers witnessed a sharp jump of Rs11,600 and Rs9,957 in one tola and 10 grams prices during 2018.

The prices of one tola and 10 grams were Rs56,200 and Rs48,171 on December 30, 2017, based on world price of $1,303 per ounce. A year later, these are being quoted at Rs67,000 and Rs58,128 while the world price is $1,284 per ounce.