10-gram gold prices cross Rs100,000

KARACHI: The price of 10-gram gold on Thursday crossed Rs100,000 mark for the first time in the country’s history while the rate of one tola swelled to an all-time high of Rs117,300.

The All Sindh Saraf Jewellers Association (ASSJA) quoted the price of Rs100,566 for 10-gram, up by Rs1,972 from Wednesday, while the one tola price registered a jump of Rs2,300 based on world gold price hike by $26 per ounce to $1,882.

ASSJA President Haji Haroon Rasheed Chand claimed that gold price in the country is cheaper by Rs4,000 per tola than the middle east and regional prices keeping in view currency exchange rates.