After US Dollar, gold rates see a massive increase in Pakistan on Thursday.
The per tola yellow metal price in Pakistan witnessed a whopping 4.77% surge following a historic decline of the Pakistani rupee against the US dollar.
The gold price soared to Rs206,500 after gaining Rs9,400 on Thursday.
According to All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24 carats of gold surged by Rs9,400 per tola and Rs8,058 per 10 grams to settle at Rs206,500 and Rs177,040, respectively.
Cumulatively, the gold rates gained Rs12,400 per tola in the last three sessions reversing the prevailing trend recorded last week — when gold lost Rs1,900 per tola.
On the other hand, the rate in the international market reached $1,836 after losing $1.
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