ISLAMABAD: Gold price in the country remained stable on Wednesday without any change, though an uptick was witnessed in prices in the international markets dur to US dollar’s weakness. According to the data provided by Karachi Sarafa Association, the price for one tola of 24-karat gold remained unchanged at Rs215,200. Similarly, the price for 10 grams of 24-karat gold and 22-karat gold remained stable at Rs184,500 and Rs169,124, respectively. Earlier, gold price in the country declined by Rs2,150 (-0.99 percent) per tola last week. It was the third consecutive week when the prices of the yellow metal decreased in the country. On the other hand, as of 1220 hours GMT, gold futures in the international market were available at $2,032.40 per ounce, showing an uptick of $3.50. Out of the $3.50 increase, +$8.25 was due to weakening of the US dollar and -$4.75 was due to predominant sellers, according to the Kitco Gold Index. TLTP
