Gold price reaches Rs209,000 per tola in Pakistan

KARACHI – The gold prices continued their record-breaking spree on Saturday as one tola price hit a fresh peak of Rs209,000 after witnessing a surge of Rs6,500.

 According to All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 10 grams settled at Rs179,184 after an increase of Rs5,574.

In International market, the price of yellow metal dropped by $2 dollar to settle at $1936 per ounce.

The jump in gold prices comes as weakening rupee valued pushed investors to the safety of bullion to hedge against deepening economic turmoil in the country.

Rupee falls to all time low of 266 against US dollar

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