Gold price rises for sixth session, rate surges above Rs204,000 per tola

— AFP/File
— AFP/File

Gold edged lower on Friday, extending gains to a sixth straight session, as deteriorating economic indicators bolstered demand for the precious commodity.

According to the data released by All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of gold (24 carats) increased by Rs700 per tola and Rs600 per 10 grams to settle at Rs204,200 and Rs175,068.

More to follow…

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