By Faryal Najeeb KARACHI: Gold crossed the Rs23,000 barrier on Saturday reaching a three-month high as it rose by Rs257 to Rs23,142 per 10 grams. The yellow metal stood at Rs27,000 per tola owing to a steep price hike in the international bullion market.

Rupee gains on hopes of dollars’ inflow Rising hopes for inflow of foreign exchange changed the exchange market sentiments and reduced speculations which strengthened the rupee significantly against the dollar on Monday.