Gold Rate in Pakistan Breaks All Previous Records After Another Big Increase

The price of gold in Pakistan smashed yet another record on Wednesday as it neared the Rs. 290,000 per tola mark.  According to data issued by the All-Sindh Sarafa Jewellers Association, the price of gold (24 carats) surged by Rs. 2,900 per tola to Rs. 287,900, while the price of 10 grams was also up by Rs. 2,486 to Rs. 246,828. The price of the precious metal hit its previous all-time high of Rs. 285,400 on October 23.        The price of ten-gram 22 karat gold went up to Rs. 226,259 from Rs. 223,980, the Association said. The price of per tola and ten-gram silver remained unchanged at Rs. 3,350 and Rs. 2,872.08 respectively.   The price of gold in the international market increased by $29 to $2,784 from $2,755, the Association reported.