The gold rate in Pakistan today saw a significant increase in domestic markets on Wednesday, coinciding with the global jump in precious metal prices. The price of gold per tola climbed by 2,600 rupees, hitting a hefty 221,000 rupees, according to figures given by the All Pakistan Gems and Jewelers Association.
Similarly, the price of a gram of gold increased by 2,229 rupees to 189,472 rupees.
The price of gold jumped by 29 dollars on the worldwide market, reaching $2,062 per ounce. Meanwhile, the Pakistan Stock Exchange (PSX) made great progress, smashing all prior week’s records. It increased by more than 470 points as investors continued to purchase amid bullish economic forecasts.
The stock exchange hit the 61,000-point mark on Wednesday, reaching a new high. The 100-index surged 470 points in the early hours of trading, reaching 61,200 points. This increase reflected investors’ continued enthusiasm for buying in the face of strong economic forecasts.
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