Gold expensive again; price reaches historic high

Karachi: Gold has once again become expensive, pushing prices to an all-time high in global and local markets.

According to the All Pakistan Gems and Jewelers Association (APGJA), the price of 24-carat per tola gold increased by Rs3,800 in the local bullion markets, taking the new price to Rs308,000.

Similarly, the price of gold per 10 grams in the country has also increased by Rs3,255 to Rs2,64,060.

The price of gold per ounce in the international bullion market increased by $34, taking the new global price to a record high of $2,944.