‘FOMO’ is fueling the gold rally
At current prices, the looted gold is worth about $70 million. PHOTO: PIXABAY KARACHI: Gold prices in Pakistan rose further on Wednesday, extending their strong upward momentum in line with record gains in the international gold market, as investors continued to flock to the precious metal amid currency weakness, expectations of easier global monetary policy and heightened geopolitical uncertainty. In the domestic market, gold price per tola rose by Rs 2,000 to hit a new all-time high of Rs 472,862, according to prices released by the Pakistan Sarafa Gems and Jewelers Association (APGJSA). This marked another sharp rise after Tuesday’s
