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Friday, November 15, 2024

Home Gold Rate Gold prices increase to record high in Pakistan – Check new rates on July 18

Gold prices increase to record high in Pakistan – Check new rates on July 18

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KARACHI – Gold prices in Pakistan hit to record high on Thursday after witnessing a whooping increase in local market amid rising international prices.

Reports said per tola gold price increased by Rs4,600 to reach all-time high of Rs254,000, whereas the price of 10-gram gold surged by Rs3,944 to settle at Rs217,764.

In international market, the gold price gained $60 to reach $2,470 per ounce. Dealers have attributed the whooping increase in gold prices to anticipated cut in interest rate by US Central Bank and rising popularity of Donald Trump ahead of elections.