Gold price tumbles in local markets

Decrease in gold prices was recorded in local markets whereas it remained stable in international markets on Monday. Gold prices fell to Rs 33,700 per tola, down Rs 125 whereas price of 10 grams lowered to Rs 28,585, down Rs 107 in the local market, traders said. In the world market, gold price remained at $1056 per ounce. Analysts said, the high-valued metal would not come below $1000 per ounce in coming days.