Abb Takk News

Gold Prices Up By 1350 Per Tola

KARACHI: Gold prices increased by Rs1350 to Rs92,500 per tola taking a massive leap and continuing its ascension in the local market on Wednesday.

Similarly, the rate of 10 grams of the precious yellow metal saw an increase of Rs1003 and traded at Rs79,300.

Meanwhile, gold climbed to a sizeable high in the global market registering an increase of 22 US dollars, stabilizing at 1610 dollars.

Investors sought safe havens after a revenue warning from iPhone maker Apple due to coronavirus, exacerbating fears of the outbreaks continue to impact global economic growth.