ISLAMABAD
The price of gold on Friday witnessed a slight decrease as the dollar strengthened against the Pakistani rupee.
The stubbornness of yellow metal price is being attributed to the rising dollar price against a weakening Pak rupee.
The cost of gold has decreased by $9 per ounce in the global market. The international rate for gold per ounce has now reached $1705.
However, the price of 24-carat gold fell only by Rs50 per tola in Pakistan.
With this drop, the price of 24-carat gold has dropped to Rs141,100.
With this decrease, the price of per tola gold of 24-carat of gold has reached Rs120,970.
The price of 10-gram 22-carat gold has also dropped to Rs110,890 after seeing a decrease of Rs40.
The price of 24-carat silver per tola remained stable at Rs1570.
The price of 10-gram 24-carat silver also remained stable at Rs1346.02.
In the global market, the price of gold per ounce has dropped by $9 to reach $1705.
