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Gold on the rise in Pakistan

ByVictoria

The price of gold in Pakistan has seen a sharp increase, with rates climbing by Rs 4,300 per tola, according to the All Pakistan Gems and Jewellers Association.

Following the rise, the new price of gold per tola now stands at Rs 358,400. Similarly, the price of 10 grams of gold has gone up by Rs 3,687, reaching Rs 307,270.

Source – Daily Times

RS – means Relative Strength in finance.

The other meaning for Rs is for rupees. Rupees are used in India and Pakistan. Other (smaller) countries like Sri Lanka, Mauritius, Nepal, and Seychelles also use rupees as their currency.

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    Scaling to level – In finance, is the ability of an organization to perform well under and increasing or expanding workload.