KARACHI: Gold prices in Pakistan increased from Rs122,000 a tola to touch Rs122,750, started uprising for the 12th day straight on Friday.

Investors are continuously putting their money into gold from last days in a row, boosting its demand, as confidence in other commodities, currencies, and stocks faltered due to the coronavirus pandemic.

According to the All Sindh Sarafa and Jewellers Association (ASSJA), gold rates shot up Rs250 a tola (11.66 grammes), while the price of 10 grammes rose Rs214 to Rs105,238.

Also the gold rates in the international markets rise up to $25 an ounce to almost $1,955.

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