Commodities
Pakistan Gold Prices Rebound After Weekend Decline
The gold price in Pakistan rebounded on Monday after experiencing a decline over the weekend. According to the All Pakistan Sarafa Gems and Jewelers Association, the price of gold per tola increased by Rs. 1,700 to settle at Rs. 428,436. The price of 10 grams of gold also rose by Rs. 1,457 to Rs. 367,314.
In the international market, gold prices gained $17 to reach $4,060 per ounce. This sudden increase in gold prices is notable, especially considering that gold prices lost Rs. 3,700 on Saturday to close at Rs. 426,736 per tola.