Gold prices jumped on Friday as demand for the safe-haven metal was boosted by seasonal demand in Ramadan which was followed by a wedding season. Data released by All-Pakistan Sarafa Gems and Jewellers Association (APSGJA) showed that the price of gold (24 carats) soared by Rs. 5,600 per tola and Rs. 4,801 per 10 grams to settle at Rs. 207,500 and Rs. 177,898.

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