The Price of Gold increased Per Tola.
سونے کی فی تولہ قیمت میں اضافہ
The price of gold in the country increased for the third consecutive day, the price of gold per tola increased by Rs. 4600, after which the price of gold per tola increased from Rs. 4600 to Rs. 232,400.
ملک میں سونے کی قیمت میں مسلسل تیسرے روز اضافہ، فی تولہ سونے کی قیمت میں ٤٦٠٠ روپے کا اضافہ ہوگیا۔ جس کے بعد فی تولہ سونے کی قیمت 4600 روپے سے بڑھ گئی کر 232,400روپے .
According to the association, the price of gold in the world exchange market is 2225 dollars per ounce after an increase of 47 dollars. It should be noted that the price of gold per tola increased by 500 rupees yesterday and by 400 rupees the day before.
ایسوسی ایشن کے مطابق عالمی صرافہ مارکیٹ میں سونے کی قیمت 47 ڈالراضافے کے بعد 2225 ڈالر فی اونس ہے. واضح رہے کہ گزشتہ روز سونے کی فی تولہ قیمت میں 500 روپے کا اضافے ہو اور ایک دن پہلے 400 روپے کا اضافہ ہوا تھا۔
Why is the price of gold increasing continuously?
The price of gold continues to rise due to several reasons.
Economic situation
Gold is often seen as a haven in times of economic uncertainty or instability, with investors flocking to stores of value when they are concerned about inflation, currency fluctuations, or geopolitical tensions. Which increases the price of gold.
Lower Interest Rates:
When interest rates are lower, the value of holding gold decreases because it does not pay interest or dividends. As a result, investors may allocate more of their portfolios to gold, which will increase demand and increase its price.
Fluctuations in the value of the dollar:
Gold is priced in US dollars, so when the dollar is weak against other currencies, the price of gold usually goes up. This relationship is because a weaker dollar makes gold cheaper for buyers holding other currencies.
Supply Constraints:
Gold is a finite resource, and the rate of new gold discoveries has slowed in recent years. Additionally, mining operations may face regulatory hurdles, labor disputes, or geological difficulties, increasing the gold supply.