The price of gold in Pakistan has increased for the second consecutive day, reaching Rs. 245,600 per tola on Thursday.
Data from the Karachi Sarafa Association indicates that the price of 24-carat gold rose by Rs. 1,600 per tola to Rs. 245,600, while the price of 10 grams increased by Rs. 1,371 to Rs. 210,562.
Earlier in the week, the local market saw gold prices drop by Rs. 1,200 each on Monday and Tuesday. However, on Wednesday, gold prices rebounded, gaining Rs. 2,900 per tola, offsetting the losses from the previous two days.
In the international market, spot gold remained largely steady at $2,383.86 per ounce as of 0927 GMT, while US gold futures fell by 0.3 percent to $2,388.40.
