24-karat gold price, on first trading day of the week, resumed its record high run and surged by Rs1,700 per tola after an increase in global bullion rates.
The recent surge in yellow metal’s price has pushed the gold rate to Rs268,000 per tola, which is the highest price ever recorded for the precious metal in the history of Pakistan.
It is worth noting that in the previous session, gold price in the local market rose by Rs400 per tola and settled the day at Rs266,300 per tola, which was the record high rate at the time for yellow metal in the country.
On the other hand, the global rate of gold also climbed on Monday as the per ounce price was quoted at $2,587, including a premium of $20, reflecting an increase of $10.
More to follow..
