Gold price rebounds after huge crash

The gold price after crashing by a record margin of Rs12,200 in the last two days in the barter market fell to Rs117,000 per tola in early trading on Wednesday but by the closing time, the price shot up and recorded an increase of Rs4,000, ending the day at Rs121,500 per tola, reported 24NewsHD TV channel.

The price of 21-carat gold reached Rs106,312 per tola while in the international market the gold price with an increase of $46 reached $1946 per ounce.

While in the early trading on Wednesday gold price plunged by a record Rs6,000 per tola which means that in the last two days it lost a total value of Rs12,200 per tola.