Staff Reporter
Karachi
The per tola gold price witnessed an increase of Rs1,300 to Rs115,600 in the domestic market on Monday.
Sharing the price of the precious metal, All Pakistan Jewelers Manufacturers Association Chairman Muhammad Arshad said that the rate of 10 grams of gold increased by Rs1,114 to Rs99,108.
In the international market, gold prices rose more than 2% to their highest in nearly two months on Monday, bolstered by the dollar’s slide ahead of Georgia runoff elections, while supply concerns drove platinum to its highest since August 2016. Spot gold was up 2.3% at $1,942.05 an ounce by 10:06 a.m. EST (1506 GMT), having risen as much as 2.5% to its highest since Nov. 9 at $1,944.11. U.S. gold futures advanced by 2.7% to $1,946.90.
Earlier on January 2, the per tola gold price had witnessed a decrease of Rs200 to Rs114,250 in the domestic market.
