GOLD PRICES CONTINUE TO FALL IN DOMESTIC MARKET

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 KARACHI: Gold price on Thursday registered a decrease of Rs300 per tola in the domestic market



According to all Pakistan Jewelers Manufacturers Association Chairman Muhammad Arshad said, the rate of per tola of the precious commodity declined to Rs125,600 per tola in Pakistan



Similarly, the price of 10 grams of gold also decreased by Rs256 to Rs107,681 in the local market



The United States (US) dollar registered gains against the Pakistani rupee in the interbank currency market on Thursday.




Price of gold drops by Rs200 to Rs126,000 per tola. 

The rates of gold were Rs126,200 per tola and Rs108,196 per 10 grams on Monday.

Cumulatively, the yellow metal lost Rs100 per tola in the local market during the week that ended on January 8.

However, it is pertinent to mention that the gold rates in Pakistan are around Rs1,500 below cost compared to the gold rate in the Dubai market.


Meanwhile, silver prices in the domestic market remained unchanged at Rs1,450 per tola and Rs1,243.14 per 10 grams today




Location: Pakistan

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