Gold prices soar to record Rs.54, 850/tola in Pakistan

Gold prices in Pakistan jumped to a new level after its record surge at international markets.

Amid expected economic meltdown and stressed US economy, international investors appear to buy more gold.
The prices of gold in international markets soared to record $1707 per ounce with an increase of $43 today.

The implications of soaring gold prices in world market are also influencing the local gold markets.
In local markets, the price of gold has reached Rs54,850 per tola with the increase of Rs.1300.