Gold price records huge fall of Rs4200 in Pakistan

Karachi: After yesterday's shocking surge in the price of gold in the markets, a huge decline is being witnessed today (Friday).

According to All Pakistan Gems and Jewelers Association (APGJA), after a reduction of Rs4200 per tola, gold price has declined down to settle at Rs228,200.

In addition, the price of 10 grams of gold has decreased by Rs3600 to be sold at the rate of Rs195,645.

On the other hand, the price of gold dropped by $40 per ounce to settle at $2185 in the international market.

It is pertinent to note that an increase of 4600 rupees was recorded in the price of gold yesterday. While an increase of 47 dollars per ounce was seen in the global market.