The price of gold worldwide, including Pakistan, reached the highest level in history.
Gold, which has become expensive on expectations of a US interest rate cut, has received a fresh boost from the European Central Bank’s decision to cut interest rates yesterday.
According to the All Pakistan Gems and Jewelers Association, the price of gold per ounce in the global market has increased by $51 to $2,566 per ounce.
The increase in the global price of gold has also affected Pakistan and the price of gold per tola in Pakistan has increased by 2 thousand 900 rupees to 2 lakh 65 thousand 900 rupees, this is the highest price of one tola of gold in the country.
The price of 10 grams of gold in the country is 2 lakh 27 thousand 966 rupees with an increase of 2 thousand 486 rupees.
