ISLAMABAD: Price of the the precious metal after jumped to the historic high of Rs 2,40,000 last day, went down by Rs 2,700 per tola (24 karats) while that of 10 grams down by Rs 2,314. After slight decline on Thursday per tola gold was available in the market at Rs 2,37,000 while that of 10 grams downed to Rs 203,447.
During last couple of days price of the yellow plate witnessed an increase of over Rs 20,000 having the basic reasons of ongoing financial and political turmoil followed by arrest of Imran Khan the other day.
Continues Increase in Gold Price
Gold price witnessed a slight decrease on Thursday in the local market, despite a slight increase was reported from the international market. However, the bullion experts are of the view that this decrease in the local market is not according to nature of the market. However, as last few days experienced an inexpected increase where the precious metal jumped from Rs 20,0000 to Rs 2,40,000 in no time, therefore a slight decline was expected.
Market experts beleive the ongoing unrest in the country might be led to further increase in prices.
