Gold price falls by Rs200 per tola

Karachi: Gold prices in Pakistan continued to drop on Thursday as the yellow metal registered a small decline of Rs200 per tola and Rs171 per 10 grams.

Data released by All Sindh Sarafa Jewellers Association (ASSJA) showed that the price of gold settled at Rs142,400 per tola and Rs122,085 per 10 grams. 

The price of the yellow metal plunged by Rs3,000 per tola in the last two days.

In the international market, bullion prices declined by $19 per ounce to settle at $1,752 as investors watched for signs of further policy tightening by the US Federal Reserve