Islamabad: Breaking its three-session losing streak, the price of gold went up again by nearly 1.43% per tola.
According to the All Sindh Sarafa Association, the gold price in Pakistan surged by Rs2,000 per tola and Rs1,715 per 10 grams to settle at Rs141,000 and Rs120,885, respectively.
The price of per tola silver declined by Rs50 and was sold at Rs1470 against its sale at Rs1520, whereas that to ten gram silver decreased by Rs42.87 to Rs1260.28 from Rs1303.15.
In the international market, the price of yellow metal plunged by $13 per ounce to settle at $1,702. Gold prices briefly slid below the key $1,700 psychological level for the first time in six weeks, as major central banks stuck to an aggressive stance to combat inflation, dulling demand for non-yielding bullion.