The prices of gold register drop in Pakistan in the wake of global trends, reported 24NewsHD TV Channel.
According to All Pakistan Gems and Jewelers Association, per told gold price registers Rs2000 and touched 318000 while 10 gram gold price posts Rs1715 decline and reached Rs272633. The gold in the global market fell by $28 to $3010 per ounce. The price of one tola of silver fell by Rs50 to Rs3170.
The economic experts say major stock indexes were mixed in turbulent trading dominated by concerns over United States President Donald Trump’s global trade war. Trump said on Monday he will impose an additional 50 percent tariff on China if Beijing does not withdraw its retaliatory tariffs on the United States. In addition, the White House denied a report that Trump is considering a 90-day pause in tariffs for all countries except China.