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Gold Rate in Pakistan Falls Slightly But Remains Near Record High

The price of gold in Pakistan fell by Rs. 400 per tola on Tuesday but remained near the record high level of Rs. 254,000 per tola.

According to data issued by the Karachi Sarafa Association, the price of gold (24 carats) fell by Rs. 400 per tola to Rs. 252,300, while the price of 10 grams stood at Rs. 216,306.

It is pertinent to mention here that yesterday, the price of the precious metal in the local market had risen by Rs. 200 per tola.

In the international market, spot gold climbed 0.3 percent at $2,391.14 per ounce as of 1059 GMT, while the US gold futures rose 0.4 percent to $2,387.80.

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