KARACHI: Gold price in the local market recorded an increase of Rs700 per tola on Monday as the local currency plunged to a record low of Rs181.25 against the US dollar in the interbank market.
The yellow metal’s price thus hit Rs130,700 per tola and increased by Rs600 to Rs112,054 per 10 grams.
A day earlier, the precious commodity closed at Rs130,000 per tola and Rs111,454 per 10 grams.