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ISLAMABAD: Gold price in Pakistan on Monday soared to a six-month high of Rs237,600 per tola amid record high bullion prices in the global market.
The per tola price of 24 karat gold witnessed an increase of Rs2,800 and was sold at Rs237,600 on Monday as compared to its last day rate of Rs234,800.
The price of 10 grams of 24 karat gold increased by Rs2,401and was sold at Rs203,704 against the sale price of Rs201,303 and 10 gram 22 karat gold also increased to Rs186,728 as against Rs184,528 respectively, the All Sindh Sarafa Jewellers Association reported.
The price of per tola and ten-gram silver also witnessed no change and was traded at Rs.2,600 and Rs.2,211.93 respectively. The price of gold in the international market increased by $24 to 2,278 from $2,254, the Association reported.
On the other hand, the value of the United States dollar marginally declined against the Pakistani rupee on Monday.
The US dollar fell by 14 paisas to fall to Rs277.80 in the interbank market.
The Pakistan Stock Exchange also got off to a positive start on Monday, gaining 300 points in the opening session.