By Asma Khundi
ISLAMABAD: Soaring prices have badly impacted the gold business as the commodity has gone out of reach of the common man. Businesses dealing with yellow metal believe that people are finding it hard to meet their necessities due to the high inflation rate. “Our business is badly affected owing to the high prices of dollars and petrol,” a local jeweler told World Echo News.
On Thursday, the gold price was recorded at Rs0.194 million per tola for 24k. Another jeweler said that due to unprecedented inflation, people either find it hard to buy gold or compromise on purchasing low-weight jewelry. He said, earlier, they could buy a small necklace set for Rs0.1 million whereas now, they get only a ring at the same price.
