The price of gold Thursday fell by Rs700 per tola and reached at Rs124,300 at the closing time of the trading, reported 24NewsHD TV channel quoting Sarafa Bazaar Association.

While, the price of 10-gram gold fell by Rs600 and reached at Rs106,567. While, the price of silver per tola remained stable at Rs1450.

In the international market, gold prices remained stable at $1803 per ounce.