KARACHI: Gold prices in Pakistan recorded a gain of Rs600 per tola on Tuesday to settle at Rs124,800 in line with the international market,
The price of the precious commodity rose by Rs515 per 10 grams to settle at Rs106,996 per 10 grams, respectively.
Cumulatively, the yellow metal had lost Rs1,900 per tola in the local market during the week that ended on February 4.
The international gold price edged higher by $5 to close at $1,818 as mounting inflationary pressures and concerns around Ukraine kept the precious metal in demand, while investors await more data this week to weigh how aggressively the US Federal Reserve will hike interest rates.
