Gold price rises by 2% in Pakistan
In view of the current political unrest in the country, the price of per-tola gold surged by 2% as investors flee to safe-haven assets.
According to data released by All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of gold (24 carats) surged by Rs4,100 per tola and Rs3,516 per 10 grams to settle at Rs208,300 and Rs178,584.
Investors’ risk aversion was on display as political tensions sent money into safe-haven assets.
More to follow…