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The price of gold jumped massively in Pakistan Wednesday, as political turmoil following the arrest of former prime minister and Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan continued to persist.
According to data provided by the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the rate of gold (24 carats) soared by Rs9,900 per tola and Rs8,487 per 10 grams to reach Rs240,000 and Rs205,761, respectively.
There was no change in the rate of gold in the international market, which stood at $2,031 per ounce.
More to follow…