ISLAMABAD: The price of per tola of 24 karat gold went by Rs.4,600 and was sold at Rs.254,000 on Thursday against its sale at Rs. 249,400 on previous trading day.
According to All Sindh Sarafa Jewellers Association the price of 10 grams of 24 karat gold also jacked up by Rs.3,944 to Rs.217,764 from Rs. 213,820 whereas that of 10 gram 22 karat gold increased to Rs.199,617 from Rs.196,002,
The price of per tola and 10 gram silver remained consistent at Rs.2,900 and Rs.2,486.28 respectively.
The Association reported the price of gold in the international market raised by $60 to $2,470.
The international market for the yellow plates remained highly volatile recently due to a number of reasons including investment from the Chinese investors as their stock market went down and they opted to invest in the safe haven.
Meanwhile, a number of private banks in the US also opted to invest in gold taking its price first above 2300 dollars and then even above 2400 dollars per ounce.
