Gold losses continue as prices drop by Rs300 per tola

KARACHI: The gold price in Pakistan reduced further on Monday with a drop of Rs300 per tola amid rising inflation. Gold price settled at Rs141,400 per tola in local market.

Meanwhile, the price of gold lost Rs257 per 10 grams to close at Rs121,228.

On the contrary, the yellow metal stayed above the key $1,800-per-ounce level in the international market. The price of the precious commodity decreased by $4 per ounce to settle at $1,807.

Meanwhile, the silver prices in the domestic market remained unchanged at Rs1,520 per tola and Rs1,303.15 per 10 grams today.