Gold soars to record high of Rs115,000 per tola in Pakistan

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Karachi: The domestic gold price soared by Rs15,00 per tola to an all-time high of Rs115,000 here on Wednesday.

According to the Sindh Sarafa Bazaar Jewelers Association, the price of gold increased by Rs15,00 to Rs115,000 per tola.

Besides, the price of 10 grams of gold has gone up by Rs1,286 to Rs98, 594.

In the international market, the price of yellow metal rose by $31 to $1,856 an ounce.

It may be recalled that in February 2019, the price of gold per tola was Rs68,500. Due to the corona virus, the value of gold has increased rapidly globally.

Earlier on Tuesday, the price of gold had increased by Rs2,250 to Rs113,500 per tola.