Gold loses shine, price declines by Rs1200 per tola in Pakistan

Karachi: Gold lost its shine in Pakistan on Thursday as the yellow metal lost Rs1200 per tola in the local bullion markets.

According to the All Pakistan Gems and Jewelers Association (APGJA), the gold price declined Rs1200 per tola to settle at Rs185,300 per tola, while 10 grams gold price also fell by Rs1,029 to settle at Rs158,865 per 10 grams.

In the international market, the price of precious commodity raised by $6 per ounce to settle at $1,909.