Gold Price in Pakistan Surges for Third Straight Day as International Prices Climb

The cost of gold in Pakistan posted its third consecutive increment this week on Friday.

As per information gave by the Karachi Sarafa Affiliation, the cost of gold (24 carats) rose by Rs. 1,100 for every tola to Rs. 244,400, while the cost of 10 grams went up by Rs. 944 to Rs. 209,534.

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The Sarafa Affiliation said that the cost of gold has been held under cost by Rs. 3,000 because of the decrease in buying force of the purchasers.

The cost of the valuable metal in the market has ascended by Rs. 2,900 for every tola over the most recent three days, which included climbs of Rs. 800 for each tola on Wednesday and Rs. 1,000 for each tola on Thursday.

In the global market, spot gold was up 0.4 percent to $2,364.87 per ounce starting around 0941 GMT, while the US gold prospects were up 0.2 percent to $2,372.90

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