Gold Price in Pakistan Surges to New High
The price of Gold in Pakistan has increased to 39,601.85 Pakistani Rupees (PKR) per gram as of September 8, up from PKR 39,392.19 on Monday.
The price of Gold also rose to PKR 461,932.20 per tola from PKR 459,462.80 per tola a day earlier, according to FXStreet's calculations based on international prices.
Gold has long been considered a safe-haven asset and hedge against inflation and currency depreciation, with central banks being its biggest holders.