The price of gold came down a bit on Tuesday, still maintaining a level of $1,900+ an ounce amid inflationary pressure, weaker US dollar and lower bond yields.
At 1355 GMT, gold in the international market was trading at $1,905.20 an ounce after shedding $2.90 an ounce in its value as compared to its closing value on Monday last.
Meanwhile, the price of 10 grams of yellow metal in Pakistan has reached Rs94,800 after shedding Rs200. The closing price of 10 grams gold was recorded at Rs95,000 on Monday last. —TLTP