Tuesday May 17, 2022

Gold Price Jumps Rs1,500 Per Tola in Pakistan

KARACHI: As the Pakistani rupee continues to make and break records and explore new depths, the gold is also scaling to new peaks each day.

In line with the trend over last few sessions, the per tola (11.66 grams) gold price in Pakistan hit a fresh all-time high of Rs138,100 on Tuesday, providing protection to investors from rupee depreciation.

According to the All Sindh Sarafa Jewellers Association (ASSJA), the price of gold per tola rose by Rs1,500. Meanwhile, the price rose by Rs1,286 per 10 grams to settle at Rs118,398.

With the latest increase of Rs1,500 per tola today, the gold price has surged by a total of Rs2,700 in the last three sessions (Saturday-Tuesday).

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