Gold prices decline after consistent flight
Business
Previously gold prices followed a continuous upward trend
KARACHI (Dunya News) –Following the downward trend of gold prices in international markets, the rates of gold declined in local markets as well. The recent few weeks have been observed to be unstable in terms of gold prices at international level, the trickledown effect of these disturbances led to varying prices of gold in Pakistani markets.
The per ounce price of gold in international markets plunged by four dollar and reached up to $2019 which also induced a price decline in local gold markets. The per-tola prices dived by Rs.2500, whereas 10gm gold prices plummeted by Rs.2140 in the local gold markets.
After the international price diminished, the new per-tola gold price stood at Rs.214500 and 10gm gold prices were observed to be at Rs.183900.
