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Sunday, November 3, 2024

Home Business Gold price goes up, again

Gold price goes up, again

by Web Desk Staff
September 3, 2022
in Business

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Islamabad: The gold price in Pakistan went up again, continuing its upward trajectory that started a day before, gaining over 2% on Friday.

According to the All Sindh Sarafa Association, the gold price surged by Rs3,000 per tola and Rs2,572 per 10 grams to settle at Rs144,000 and Rs123,457, respectively.

In the international market, the price of the precious metal gained $3 per ounce to settle at $1,705 as the dollar paused while investors awaited key US jobs data, amid expectations the Federal Reserve would continue with steep interest rate hikes in coming months.

Meanwhile, silver prices in the domestic market surged by Rs10 per tola and Rs8.58 per 10 grams to settle at Rs1,480 per tola and Rs1,268.86 per 10 grams today.

Gold shines again; price goes up by Rs2000 per tola