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Gold Loses Shine in Pakistan as Price Drops in Local Bullion Markets

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LAHORE MIRROR — The gold price in Pakistan witnessed a meagre decline on the first day of the week after a decrease in the price of the yellow metal in the international market.

According to the data released by All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of gold (24 carats) decreased by Rs1,000 per tola and Rs858 per 10 grams to settle at Rs220,700 and Rs189,214, respectively.

Meanwhile, the price of the yellow metal decreased by $7 to settle at $1,951 per ounce in the international market today.