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Gold scales new peak of Rs131,500 per tola

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Staff Reporter

Karachi

Gold on Friday continued its upward journey and hit an all-time high of Rs131,500 per tola in the domestic market.
The per tola price of yellow metal rose by Rs 2000 to Rs 131,500 per tola. The price of 10-gram gold also increased by Rs1,715 to trade at Rs 112,740.
All Sindh Sarafa and Jewellers Association fixed the higher domestic rate based on a four dollar per ounce jump in world gold price to $2,051.
Earlier on August 6, Gold prices had hit an all-time high of Rs129,500 per tola in the domestic market.
The per tola price of yellow metal rose by Rs750 to Rs129,500 per tola. The per tola price of 10-gram gold rate also increased by Rs643 to trade at Rs111,025.
Gold surged to a record high on Thursday in the international market as the Covid-19 pandemic clouded the economic outlook.

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