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Gold price up Rs 300 per tola as marriage season kicks off

Gold price up Rs 300 per tola as marriage season kicks off

KARACHI: The gold price gained strength by rising Rs 257 to trade of Rs 41,657 per 10 grams in the Karachi gold market today amid festive/marriage season demand from jewellers and retailers.

Moreover, gold price rose Rs 300 per tola in market to reach a level of Rs 48,600, as price of precious metal increased globally and traded at $1,233 per ounce in the world market.

Traders said pick-up in buying by jewellers and retailers, driven by the ongoing marriage season, led to rise in gold prices.