KARACHI: Investors are eyeing gold keenly as a weaker rupee and political uncertainties buoy interest in precious metals, however, the appetite of local consumers is being blunted.
The metal price was up by Rs750 at Rs131,200 per tola and increased by Rs643 to Rs112,483 per 10 grams.
The rates of gold were Rs130,450 per tola and Rs111,840 per 10 grams on Tuesday.
Gold is gaining momentum in the local market as it is considered a safe store of value during times of political crisis and uncertainty.
