KARACHI: The price of gold in the country’s sarafa market recorded a big increase, after which gold reached the highest level of Rs 314,000 per tola.
According to the All Pakistan Gems and Jewellers Association, the price of gold per tola increased by Rs 4,700 on Thursday, while the price of 10 grams of gold increased by Rs 4,030 to Rs 269,204.
In the international market, gold prices rose by $46 to $2,988 per ounce.
According to experts, the price of gold is constantly increasing due to fluctuations in the value of the dollar, global economic uncertainty, and rising inflation at the local level. The trend of investing in gold is also being seen by investors, due to which the price is expected to increase further.
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