Gold price in the country for second consecutive session rose sharply on back rising trend witnessed in global market.
Gold price shot up by Rs 400 per tola to Rs 52200 per tola. Global price also climbed by nine dollar to 1339 dollars. On Tuesday too the yellow metal climbed sharply by 10 dollars to an ounce while in domestic market it went up by Rs 400 per tola.
The price of gold has been on the rising trend owing to global political situation especially after Korea conducted test of Hydrogen bomb.