KARACHI: On Saturday, gold prices remained stable as traders sought out new cues on the rate of the rupee’s depreciation and other economic factors.According to data supplied by the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of gold increased by Rs50 per tola and Rs43 per 10 kilos to settle at Rs147,350 and Rs126,329, respectively.
The precious metal increased Rs3,550 per tola over the course of the week ending October 15.Prices for gold appear to be levelling off. With uncertainty around the International Monetary Fund (IMF) review due in November and inflation data, there is a lull in the market ahead of significant event risks.
