The price of gold increased by Rs2,000 in two days to reach Rs114,100 per tola, according to rates compiled by the All Sindh Saraf Jewelers Association (ASSJA). Adnan Agar, the director of AA Commodities, believes the gold price has been reacting to elections in the United States. If Donald Trump wins the election, then it will be good for capital markets, according to Agar. This means that Trump’s win would have a negative impact on gold and others precious metals which are considered safe havens for investment. The international price of gold appreciated to $1,907 per ounce by the time this story was filed. It started increasing internationally as many countries went into lock
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