Gold loses shine for buyers as prices continue to rise
KARACHI: Gold continued to record on Saturday with prices of 10 grams and one tola, reaching another historic high.
The rising price has also made the precious commodity out of people’s reach.
The price of 10g and one tola reached Rs250,514 and Rs292,200, respectively, up by Rs343 and Rs400 from Friday.
As per the All Pakistan Sarafa, Gems and Jewellers Association, the price in the global market increased by $5 to $2,797 per ounce.
This rate of the precious commodity has been continuously rising for the past 10 days.
Rates for 10 grams and one tola hit another high in local market
The hike came on the back of a rally in global bullion rates amid high tariff threats by the US government and geopolitical tensions, the impact of which is being felt in the domestic rates despite rupee-dollar........
© Dawn Business
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