KARACHI: Gold price registered a gigantic rise in Pakistan following a spike in the gold prices in international market on Thursday.
The prices of gold (24 carats) increased by Rs3,400 to settle at Rs239,400 per tola, the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA) sources said.
In the international market, the gold price witnessed a spike of $7 and settle at $1,945 per ounce.
On Monday, the price registered a fall in Pakistan despite a nominal $1 rise in the international market.
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The price of gold (24 carats) dropped by Rs1,500 per tola to settle at Rs233,000 while the 10-gram gold price was declined by Rs1,286 to settle at Rs99,760. In the international market, the gold price witnessed a nominal hike of $1 to settle at $1,915 per ounce.
The gold rates have been unstable in Pakistan recently amid continued political and economic instability.
