- Gold price settles at Rs142,200 per tola.
- Price of gold falls by Rs729 per 10-gram.
- Silver prices in domestic market remain unchanged.
KARACHI: After a continuous hike in the gold prices for six consecutive days, the gold lost its shine on Wednesday as it declined by Rs850 per tola as the Pakistani rupee recovered partially against the US dollar in the interbank market.
According to the All Sindh Sarafa Jewellers Association (ASSJA), the price of the yellow metal settled at Rs142,200 per tola. Meanwhile, the price of gold fell by Rs729 per 10-gram to settle at Rs122,085.
A day earlier, the price of gold closed at Rs143,250 with an increase of Rs1,250 per tola.
In the international market, the price of the precious commodity decreased by just $1 and closed at $1,848 per ounce.
Meanwhile, silver prices in the domestic market remained unchanged at Rs1,570 per tola and Rs1,346.02 per 10-gram today.
