Gold price sees big decrease after Eid holidays

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GOLD

ISLAMABAD: The price of gold decreased on Thursday as the US dollar lost ground against the Pakistani rupee.
The price of 24-carat gold has fallen by Rs1050 per tola. With this drop, the price of 24-carat gold has dropped to Rs141,150. The price of 10-gram 24-carat gold has also been reduced by Rs901 to Rs121,013. The price of 10-gram 22-carat gold has also dropped to Rs111,930.
The price of 24-carat silver saw a Rs50 increase per tola to reach Rs1570. The price of 10-gram 24-carat silver also saw a Rs42087 increase to reach Rs1346.02. The cost of gold has decreased by $16 per ounce in the global market. The international rate for gold per ounce has now reached $1714. – NNI