The gold prices Saturday saw a huge dip in the country for the fourth consecutive day after seeing a continuous spike in recent weeks, reported 24NewsHD TV channel.

According to the Sarfa Bazar Association, the price of gold per tola in Pakistan has been reduced by Rs1,300 to reach Rs117,300, while 10-gram of gold per tola has been reduced by Rs1,114 to Rs100,566.

Haroon Chand, president of the Sarfa Bazaar Association, said that price of per tola gold decreased by Rs14,700 in the last four days and price of ten grams of gold was reduced by Rs12,602.

The price of gold per ounce during trading in the world market has come down by US$11 to reach US$1,783.