Gold price remains stable for 2nd day at Rs214,300 a tola

ISLAMABAD: Gold price in the country remained unchanged for the second straight session on Tuesday, as the price in the international markets extended its sideways move. According to the data provided by the Karachi Sarafa Association, the price for one tola of 24-karat gold remained unchanged at Rs214,300. Similarly, the price for 10 grams of 24-karat gold remained stable at Rs183,728. Following suit, the price for 10 grams of 22-karat gold remained unchanged at Rs168,416. During the month of January, the price for one tola of 24-karat gold decreased by Rs4,500 to Rs215,500 from Rs220,000 amid a drop in international prices and the continuous strengthening of the Pakistani rupee. However, gold price in the country surged by Rs2,100 (-0.98 percent) per tola last week due to a rise in prices in the international markets due to geopolitical tensions. TLTP