Big Rise of Gold price in Pakistan
Big Rise of Gold price in Pakistan

The price of gold went up by Rs1,500 per tola during the last two working days in Pakistan.

Sharing the price of the precious metal, All Pakistan Jewelers Manufacturers Association Chairman Muhammad Arshad said that the rate of 10 grams of gold increased by Rs814 to Rs97,436.

The gold price stood at $1,780 per ounce in the international market by the time this story was filed. Agar expects gold per tola price to increase between Rs500 and Rs1,000.

Spot gold fell 0.6% to $1,793.81 per ounce by 11:13 am EDT (1513 GMT), while U.S. gold futures eased 0.6% to $1,796.00.

The price of gold started going up internationally as countries across the world went into lockdowns in March 2020. It rose from $1,471 to reach an all-time high of $2,063 an ounce by August 6, 2020. The per tola price in Pakistan rose to Rs132,000 at the time.

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