Gold price again declines by Rs1,200 per tola

Karachi: The price of gold Tuesday witnessed a decrease and has declined by Rs1200 in the local market.

According to All Pakistan Gems and Jewellers Association (APGJA), per tola gold decreased by Rs1200 to Rs241,100.

Apart from this, the price of 10 grams of gold also fell by Rs943 to be sold at the rate of Rs207,733.

It is pertinent to note that yesterday also the price of gold decreased by 1200 rupees in the global and local markets to Rs242,300.

While, gold in the world market decreased by 10 dollars to $2,349 per ounce, while the price of silver was Rs2,650 per tola.