KARACHI: Due to rising inflation, the price of gold in Pakistan declined on Monday, falling by Rs300 per tola.
The All Sindh Sarafa and Jewellers Association (ASSJA) reports that the price of the yellow metal in the neighborhood bullion market was Rs141,400 per tola.
Gold lost Rs257 per 10 grams to close at Rs121,228 in the meantime.
On the other hand, the price of gold in the international market continued to trade above the crucial $1,800 per ounce mark.
The precious metal’s price fell by $4 per ounce to settle at $1,807.
In the meantime, today’s domestic market silver prices remained constant at Rs. 1,520 per tola and Rs. 1,303.15 per 10 grammes.