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Gold prices edge lower in domestic market

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Staff Reporter

Karachi

The per tola gold price on Friday registered a decline of Rs100 in the domestic market. The per told gold price dropped by Rs100 to Rs110,350 in the local market, according to the rates shared by All Pakistan Jewelers Manufacturers Association Chairman Muhammad Arshad. Similarly, the rate of 10 grams of gold dropped by Rs84 to Rs94,610. Meanwhile, the gold price in the international market, decreased by $4 and was traded at $1,830 per ounce. According to Reuters, gold prices were listless on Friday, with gains kept in check by a slight uptick in the dollar and caution setting in as investors grappled with a delay in a U.S. Covid-19 relief package.

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