Tuesday Oct 06, 2020
KARACHI: A single tola of 24-karat gold in Pakistan was being sold for Rs113,300 at the close of trading on Tuesday, with the price of the precious metal having increased by Rs800 over the day.
Consequently, the price of 10 grammes of 24k gold also increased by Rs686, closing Tuesday trading at Rs97,136 per 10 grammes.
Likewise, 22k gold prices ended on Tuesday at Rs89,042 per tola.
Optimism over US President Donald Trump's discharge from hospital after contracting coronavirus hit gold and other safe haven assets. Spot gold fell to $1,913 per ounce, after hitting a two-week peak on Monday, and U.S. gold futures were down 0.21%.