Pakistan witnesses decline in gold price

KARACHI: The price of gold in Pakistan witnessed a decrease of Rs1500 per tola on Monday according to the Pakistan Sarafa Gems and Jewellers’ Association (APSGJA).

After the decrease, the price of the gold metal per tola reached Rs 233,00. The price of 10 grams stands at Rs199,760 witnessing a decrease of Rs1286.

Gold traders and investors have been advised to keep an eye on market fluctuations and make informed decisions accordingly.

Read more: Rupee weakens further against dollar

Separately, The Pakistani rupee weakened by Rs1 against the US dollar and closed at Rs302.00 in the interbank market on Monday the State Bank of Pakistan said.