Gold price shoots up in Pakistan thumbnail

Gold price shoots up in Pakistan

The gold prices jumped by Rs2,000 per tola Thursday, taking the rate of the precious metal to Rs124,000 in Pakistan. It recorded a decrease of Rs7,100 a tola in last five days.

In the international market, the precious commodity fell
by $2 per ounce and settled at $1,860. Earlier, it touched a five-month high of
$1,874 per ounce on November 16.

On the other hand, the price of gold touched an
all-time high of Rs132,000 on October 26 in Pakistan.

The price of 10 grams 24k-gold increased by Rs1,715, taking the yellow metal to Rs106,310, according to the rates compiled by All Sindh Sarrafa and Jewelers Association on November 18.

Silver remains unchanged

Meanwhile, silver prices in the domestic market remained unchanged at Rs1,440 per tola and Rs1,234.56 per 10 grams on November 18.

Follow SAMAA English on FacebookTwitter, and Instagram.

Leave a Reply

Your email address will not be published.