KARACHI: August 17, 2022:L Gold soared by Rs 9950 per tola in local market during the last two days.
On Tuesday, gold prices appreciated by Rs 5500 a tola in local market and it took another big jump of Rs 4450 a tola on Wednesday.
According to All Pakistan Jewelers Manufacturers Association chairman Mohammad Arshad , with an increase of Rs 4450 gold rates reached to Rs 144450 a tola on Wednesday.
With an increase of Rs 3815 , the price of 10 gram gold stood at Rs 123842.
The price of gold reduced by $ 5 to bring down its net value to $ 1771.
Meanwhile ,dollar is also on the rise in the local market. On Wednesday, USD gained Rs 1.35 in value against the rupee.