Business
Gold glitters once again, price increases by Rs900 in Pakistan
- Gold price settles at Rs141,600 per tola.
- Price of 10 grams settles at Rs121,400.
- Gold price plummeted by Rs6,550 per tola in last three sessions.
KARACHI: After a continuous decline for the past three days, the gold price in Pakistan increased by Rs900 per tola on Friday.
According to the All Sindh Sarafa Jewellers Association (ASSJA), the price in the local bullion market settled at Rs141,600 per tola. Meanwhile, the price of 10 grams settled at Rs121,400 after a gain of Rs772.
Cumulatively, the price of gold plummeted by Rs6,550 per tola in the last three sessions (Tuesday-Thursday).
Meanwhile, the yellow metal stayed above the key $1,800-per-ounce level in the international market with a decrease of $7. The price settled at $1,824.
The prices in the domestic market remained unchanged at Rs1,560 and Rs1,337.44 today.