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KARACHI: Due to the depreciation of rupee against the dollar, the price of gold increased by Rs 40 thousand in a short period of 45 days to reach Rs 2.51 crore by the end of January 2023. Seeing the depreciation of the Pakistani currency, people first invested in dollars, and when foreign currency disappeared from the market, they started buying gold. AA Gold Committee Director Adnan Agar said that Pakistanis had short-term investment in gold, now its price will not rise above 250,000. People are buying gold bullion up to Rs 200,000, now gold buyers are holding it, not when the price goes down.
