Global investors were taking a bet in gold on speculation that the US central bank may reduce interest rate
International market retreats as investors resort to profit-taking
Middle East crisis sparks investment frenzy as price hits Rs214,600 per tola
The jump comes as the rupee nosedived to a new all-time low of Rs268.30 against US dollar on Friday
Gold prices drop in line with international market
Increases to fresh high of Rs132,000 per tola in Pakistan
Increase comes on back of surge in demand from investors
Loses Rs1.07 to close at 159.86 against dollar in inter-bank market
Hike of about Rs1,300 comes on back of increase in prices in international market
Metal becomes expensive following rise in world market that hit six-year high