Gold prices up by Rs3,400 per tola

Gold prices up by Rs3,400 per tola

Business

Gold rates unstable in Pakistan amid continued political and economic instability

KARACHI (Web Desk) – The price of gold increased for the third consecutive day as the rate of gold per tola in the country has increased by Rs3,400 today.

According to All Pakistan Gems and Jewelers Association (APSGJA), after an increase of Rs3,400, the price of gold per tola has reached Rs239,400.

Apart from this, the price of 10 grams of gold increased by Rs2,915 rupees to Rs250,590.

Similarly, the price of gold in the world market increased by $7 to 1,945 dollars per ounce.

Earlier, the gold price registered a gigantic rise in Pakistan following a spike in the gold prices in international market on Wednesday.

The prices of gold (24 carats) increased by Rs2,900 to settle at Rs236,400 per tola, the APSGJA sources said.

The price of 10-gram gold dropped by Rs2,486 to settle at Rs220,675.

In the international market, the gold price witnessed a spike of $21 and settle at $1,938 per ounce.

Read More: Gold price in Pakistan plunges by Rs4,500 per tola

The gold rates have been unstable in Pakistan recently amid continued political and economic instability.