Home Business Gold extends gains in Pakistan amid inflationary crisis

Gold extends gains in Pakistan amid inflationary crisis

1 min read

KARACHI, Sep 6(ABC): Amid a financial crisis in the country in the wake of massive devastations caused by flash floods, the gold price in Pakistan jumped by Rs3,050 per tola as unruly inflation and the intensifying economic crisis fed demand for the safe-haven metal.

According to the All Sindh Sarafa and Jewellers Association (ASSJA), the price per tola gold settled at Rs151,150. Meanwhile, the price rose by Rs2,615 per gram to settle at Rs129,587.

The yellow metal cumulatively gained Rs12,150 per tola since the last five sessions (Thursday-Tuesday).

 

  • Internews Pakistan is an Islamabad-based news agency established in 1997.

Load More Related Articles
Load More By Editor in Chief
Load More In Business
Comments are closed.

Check Also

‘Pakistan, New Zealand unhappy with Olympic cricket qualification process’

Pakistan and New Zealand have expressed discontent with the International Cricket Council’…