Powered by investors looking for shelter from the political cost, as represented in currency weakening, tumbling markets, and economic concerns, gold’s record surge is edging tantalisingly near to the psychologically significant Rs175,000 barrier in Pakistan.
The price of precious goods increased by Rs 2,200 per tola and Rs 1,886 per 10 kilos, according to the All Pakistan Sarafa Gems and Jewellers Association, to settle at Rs 174,900 and Rs 149,948, respectively.
