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.

- Advertisement -
Ariba Shahid
The author is a business journalist at Profit. She can be reached at [email protected] or at twitter.com/AribaShahid
- Advertisement -

Must Read

Cabinet may approve appointment of new PPL MD in coming week

ISLAMABAD: The federal cabinet is likely to choose one of three shortlisted candidates during the coming week's scheduled meeting for the top position of...