Gold price soars Rs 4,500 per tola 

After staying low following liquidity induced withdrawals, gold increased by Rs 4,500 in the local market to reach Rs 93,300 per tola. 

Ten grams of gold is now worth Rs 80,000. In international markets, gold is rallying following the Fed's decision to ramp up supportive measures in wake of the disaster coronavirus (COVID-19) has brought on the economy.