KARACHI – The price of gold has reduced by $5 dollar per ounce in the international market, which reduce the price of gold in Pakistan as well.
The price of gold in the international market is recorded at $1173 on Thursday.
According to Sindh Sarafa Association, due to the declining trend of gold prices in international market, gold price reached to its lowest of last four and a half year in the country.
After this reduction in price, the price of gold have become equivalent to what it was on 2011.
Gold price per Tola has reached to Rs.45, 850 after lowering of price by 50 rupees.
However, price of gold for ten gram has become Rs.39, 300 after lowering of some 42 rupees per Ten gram of gold.
On the other hand, the price of silver has been recorded at stable price of Rs.640 per Tola.