Gold price witnessed another massive hike on Monday in Pakistan in line with a surge in he price of the yellow metal in the international market.
As per data released by the All Pakistan Sarafa Gems and Jewelers Association, he price of 24 karat per tola gold increased by Rs. 8100 per tola to Rs. 357800 against Rs. 349,700.
The prices of 10 grams of 24 karat and 10 grams of 22 Karat gold also witnessed of Rs. 6944 and Rs. 6366 to Rs. 306755 and Rs. 281202, respectively. The price of gold in the international market surged by $ 69 per ounce to $ 3395.
Gold prices are rapidly increasing in the world due to high demand amid economic war among different countries, including the US and China.
As per the experts, due to the uncertain economic situation, investors opt to buy more and more gold.
