KARACHI: The gold price in Pakistan gained Rs250 per tola and Rs214 per 10 grams on Monday despite some appreciation of the rupee against the US dollar and a decline in the international market.
The bullion price settled at Rs123,650 per tola and Rs106,010 per 10 grams.
Pakistan meets almost all its gold demand through imports, and traders follow its international price in setting rates in the country. Jewellers import the metal against the US dollar and UAE dirham before converting its price into rupees.
