In a striking development, gold price in Pakistan surged by Rs6,600 per tola on Wednesday, following a strong upward trend in the international bullion market. The sharp spike comes as global gold prices hit a one-week high, driven by a weaker US dollar and intensified safe-haven demand due to growing global economic and geopolitical uncertainty. […]
Tag: Rupee depreciation
Gold Prices Surge in Pakistan Amid Global Economic Concerns
The gold market in Pakistan saw a significant surge on Tuesday, driven by rising international prices and economic uncertainties. The price of gold per tola skyrocketed by Rs4,800, reaching an all-time high of Rs306,300 in the local market. Similarly, the price of 10-gram gold increased by Rs4,115, bringing it to Rs262,602, as reported by the […]