KARACHI – Gold suffered losses in domestic market of Pakistan on Saturday a day after it registered significant gains.
Data shared by All Pakistan Gems and Jewellers Association showed per tola gold price moved down by Rs700 to reach Rs275,500.
Similarly, the price of 10-gram gold decreased by Rs600 to settle at Rs236,197.
The precious commodity also registered decline in the international market where per ounce price plunged by $7 to reach $2,653.
A day earlier, the per tola price of 24-karat gold rose by Rs1,800, reaching Rs276,200 on Friday, compared to Rs274,400 on the previous trading day.
The price of 10 grams of 24-karat gold also increased by Rs1,543 to Rs236,797 from Rs235,254.
Meanwhile, the prices of per tola and 10 grams of silver remained unchanged at Rs3,050 and Rs2,614.88, respectively.
