Gold price rises again, dollar more expensive
On the first day of the trading week, the price of gold continued to rise while the dollar became more expensive.
According to the report of ARY News, Chairman All Pakistan Jewelers Manufacturers Association Muhammad Arshad said that the price of gold per tola in the country has increased by Rs 300 to Rs 112,650.
After the increase in the price per tola, the price of 10 grams of gold rose by Rs 256 to Rs 96,578.
The rise in the value of the dollar
On the other hand, the dollar appreciated by 19 paise in the interbank market. According to Forex dealers, the dollar rose from 160.33 to close at 160.52 in the interbank market.
It may be recalled that on Saturday, the price of gold per tola fell by Rs 650 to Rs 112,350 while the price of 10 grams of gold fell by Rs 556 to Rs 96,322.