Gold loses shine, price drops by Rs800 per tola

Karachi: After three-day increase, gold price in Pakistan plunged by Rs800 per tola.

Accoridng to the data released by the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the gold price declined by Rs800 per tola and Rs686 per 10 grams to settle at Rs147,300 and Rs126,286 respectively.

In the international market, the price of yellow metal declined by $20 per ounce to settle at $1,656.