Gold touches Rs88,400/tola

KARACHI: Gold prices increased by Rs100/tola on Friday to reach another all-time high in the local market.

According to All Sindh Saraf Jewellers Association, gold rates increased to Rs88,400/tola, which is the highest-ever price in Pakistan. Similarly, 10 grams gold price rose by Rs86 to Rs75,789. In the international market, gold prices remained unchanged at $1,514/ounce. Local jewellers said despite an increase in prices, the rates in the local market were trading Rs3,000/tola lower, compared with the Dubai gold market.