Gold prices dip sharply in Pakistan
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A day after reaching a historic high, the gold prices in Pakistan saw a sharp decline Friday, reported 24NewsHD TV channel.
According to details, the price of one tola 24 Karat gold saw a decrease of Rs4200 to reach Rs1,58,300.
Similarly, the price of 10-gram 24 Karat gold has been decreased by Rs3601 and was available for Rs135,717.
However, the price of gold saw an increase of $12 per ounce to reach $1762.
According to jewellers, the decrease in dollar price against the Pakistan rupee contributed to decrease in the gold price.
They said the gold price also decreased in the Dubai market which also led to the decrease in the gold prices.