Gold price increases further

KARACHI: The price of gold in Pakistan witnessed an increase of Rs2,900 per tola on Wednesday according to the Pakistan Sarafa Gems and Jewellers’ Association (APSGJA).

After the increase, the price of the precious metal per tola has reached Rs236,400.

The price of 10 grams of gold witnessed an increase of Rs2,486 and has reached Rs222,675.

Gold traders and investors have been advised to keep an eye on market fluctuations and make informed decisions accordingly.

Read more: Pakistani rupee further weakness against US dollar

Separately, The Pakistani rupee weakened by Rs1.40 against the US dollar and closed at Rs304.45 in the interbank market on Wednesday the State Bank of Pakistan said.