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Monday, March 7, 2011

Gold price hits new peak at Rs46000/tola


KARACHI: Gold price has hit a new peak across the country at Rs46,000 per tola, Geo News reported on Monday.

President All Sindh Sarafa Association, Haji Haroon Chand told Geo News that the price of gold on Monday witnessed a rise of Rs350 per tola to hit a new height at Rs46,000.

Earlier, the commodity had hit a record high at Rs45,575 on December 7, 2010.

Haji Haroon Chand said the prices of Gold in local market are experiencing a rise as a result of increased demand of the commodity in the international markets. Its price in the international market surged by 6.5 dollars to 1338 dollars per ounce.

Similarly, silver price across the country also rose by Rs20 per tola to a record level at Rs1,050.

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