The price of gold climbed to a new high Saturday as the country’s economic crisis persisted amid a delay in a deal with the International Monetary Fund (IMF) programme.
According to data provided by the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the rate of gold (24 carats) increased by Rs800 per tola and Rs686 per 10 grams to settle at Rs219,500 and Rs188,186, respectively.
The rate of gold in the international market rose by $6 to reach $1,990 per ounce. Consequently, the price of the precious metal also rose in Pakistan.
