Pakistan, formed in 1947, featured in their first-ever Olympics at the London 1948 Summer Games. However, it took the country eight years to win its first Olympic medal. Pakistan has won 10 medals at the Summer Olympics. However, only two of these are individual medals. Pakistan’s Hockey team has won eight of these medals, including the only three golds under the country’s name.
Local one tola and 10 gram gold price in the country reached a peak of Rs100,400 and Rs86,076, respectively, on Tuesday. There was a gain of Rs700 and Rs600 in per tola and 10 gram prices from Monday. The local bullion body continues to issue “prices only for idea” since the shutdown of local markets – including jewellery shops – due to the Covid-19 lockdown.
Domestic one tola and 10 gram gold prices hit fresh peak of Rs78,100 per tola and Rs66,958 per 10 grams, respectively, as international bullion prices surpassed $1,400 before retreating, still holding near a six-year high on the US central bank’s dovish stance on monetary policy. Locally, gold prices saw a surge of Rs800 per told and Rs686 per 10 grams over Thursday’s rate.