Coronavirus impact on Pakistan, hike in gold price
Coronavirus impact on Pakistan, hike in gold price
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Karachi: Novel Corona Virus (COVID-19) has negatively impacted China's economy. Due to this deadly virus, not only the economy of China has been adversely affected, but its effect is being seen in other countries as well. Meanwhile, the price of gold in Pakistan reached its highest level of Rs 93,650 per tola (11.66 grams) on Friday.

According to the report of The Express Tribune, after the deadly coronavirus havoc in China, investors have invested money in this precious metal. The All Sindh Sarraf & Jewelers Association says that gold is considered a safe source of investment, having recently risen to a seven-year high of $ 1,635 an ounce (31.10 grams) in the international market with a rise of $ 23. is.

The number of people who died of coronavirus in China has exceeded 2,200. At the same time, more than 75,000 people have been infected with this virus. Now, this deadly virus has spread in two dozen countries. Adnan Agar, former chief operating officer of Rage Commodities, told the media that "the spread of the coronavirus is expected to affect the international economy badly."

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