KARACHI: The price of gold has once again increased in the country today, where the price has increased by Rs 3,000 per tola. After this increase, the price of gold has gone up to Rs 3 lakh 7 thousand per tola.
On the other hand, the price of gold also increased in the global market, where gold rose by $28 to $2,921 per ounce. The rise in the price of gold globally is due to the weakness of the dollar and concerns of economic instability.
According to experts, one of the main reasons for the increase in the price of gold in the country is the increase in the price of gold in the international market. In addition, a decrease in local exchange reserves and an increase in the inflation rate are also affecting the price of gold.
After the increase in the price of gold, the trend of buying gold among investors and common citizens is expected to increase. Experts say that if the global economic instability continues, the price of gold may increase further.
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