Business
Gold price declines in Pakistan
Prices of precious metal recorded a decline of Rs150 per tola and Rs129 per 10 grams
Karachi: Gold prices in Pakistan recorded a decline of Rs150 per tola and Rs129 per 10 grams, according to the All Sindh Sarrafa and Jewellers Association.
The price of the precious metal settled at Rs126,150 per tola and Rs108,153 per 10 grams.
Meanwhile, the gold stayed above the key $1,800-per-ounce level in the international market despite a decrease of $22. The price settled at $1,803.
Meanwhile, silver prices in the domestic market remained unchanged today at Rs1,460 per tola and Rs1,251.71 per 10 grams.
On Monday, the price of gold witnessed an increase of Rs100. The gold price in Pakistan recorded an increase of Rs100 per tola as it settled at Rs126,300 in the local market.
Meanwhile, the price of the 24k-gold slide by $5 per ounce in the international market on Monday. It is now selling for $1,825.
In the past three days, the precious metal has oscillated by Rs100 or Rs200 per tola. While in the global markets gold has seen sharp fluctuation.