The price of 24 karat gold remained stable at Rs. 361,200 per tola on Tuesday, All Pakistan Sarafa Gems and Jewelers Association reported.
Yesterday, the price of gold in Pakistan rose by Rs. 3,600 per tola, taking it close to the all-time high price of Rs. 363,700 per tola.
The prices of 10 grams of 24 karat and 10 grams of 22 karat gold also remained unchanged at Rs. 309,671 and Rs. 283,865.
However, the rates of per tola and ten-gram silver increased by Rs. 23 and Rs. 20 to Rs. 4,035 and Rs. 3,459 respectively.
The price of gold in the international market remained stagnant at $3,387, however prices of silver increased by $0.23 to $38.88, the Association reported.
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Gold is safe heaven. It is easily encash able. Look at curve of gold prices of ten years. It is better than even property investment.