- Gold rises by Rs500 pet tola to settle at Rs131,500.
- Gold has gained Rs1,500 per tola during last three sessions.
- Silver prices in the domestic market remain unchanged.
KARACHI: In line with the international market, the gold price in Pakistan extended gains on Thursday amid economic uncertainties.
The price of the precious commodity rose by Rs500 per tola and Rs429 per 10 grams to settle at Rs131,500 and Rs112,740, respectively.
Cumulatively, the safe-haven asset has gained Rs1,500 per tola during the last three sessions.
In the international market, gold surged by$28 per ounce to settle at $1,956 as unruly inflation and the intensifying Ukraine crisis fed demand for the safe-haven metal, although a firmer dollar and high bond yields put a lid on gains.
Gold rates in Pakistan are around Rs6,000 below the cost compared to the rate in the Dubai market.
Meanwhile, silver prices in the domestic market remained unchanged at Rs1,510 per tola and Rs1,294.58 per 10 grams today.