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Monday, November 25, 2024

Home Business Gold price gains Rs450 per tola

Gold price gains Rs450 per tola

by News desk
February 27, 2022
in Business

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The price of gold in Pakistan recorded an increase of Rs450 per tola and Rs385 per 10 grams to settle at Rs127,950 per tola and Rs109,696 per 10 grams, respectively.

A day earlier, the precious commodity closed at Rs127,500 per tola and Rs109,311 per 10 grams.Cumulatively, the safe-haven asset gained Rs850 or 0.66% per tola during the week ended February 26.

A gold dealer said global politics heavily affect gold prices. Prior to Russia and Ukraine conflict, the trade war between the US and China had affected the commodity rates in the international market, and the local market gets directly affected from it, he added.