The local markets witness sharp increase of Rs 1150 per tola, pushing the price high up to 93. 650.
Gold Rate in Pakistan is never fixed as it is fluctuating according to the international Gold rates. Mostly gold is imported in Pakistan from Gulf countries, the Gold price depends on the current Dollar rate. It is categorized according to its grade and quality. In Pakistan 22K and 24K gold is sold, which is measured as per tola and 10 grams weight. Gold jewelry also has making cost which is calculated according to the design of the product