KARACHI: Gold rose on Monday boosted by concerns regarding uncertain economic conditions which have once again sparked a flight from risky commodities towards safer ones.
Gold prices in the local bullion market recorded an increase of Rs300 per tola and Rs257 per 10 grams to settle at Rs123,300 per tola and Rs105,710 per 10 grams.
On Saturday, the yellow metal closed at Rs123,000 per tola and Rs105,453 per 10 grams.