Gold price cut by Rs.2,300 per 10 gram

ISLAMABAD: Gold futures traded lower on Thursday as yellow metal witnessed some heavy selling amid a better recovery in US bond yields.
The price of 10 grams yellow metal in the country was recorded at Rs92,100 after losing Rs2,300. The price of 10 grams gold was recorded at Rs94,300 on Wednesday last.
Meanwhile, gold price in the international spot market went down and gold was available at $1,792.10 an ounce at 1535 hours GMT after losing $42.50 an ounce in its value as compared to its value on Wednesday last. – TLTP

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