Gold price decreases as international rate continues to fluctuate

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The rate of gold continued to fluctuate in the international market Thursday, leading to a decline in the safe-haven bullion’s value in Pakistan.

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According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of gold (24 carats) decreased by Rs1,800 per tola and Rs1,543 per 10 grams to settle at Rs236,000 and Rs202,332, respectively.

Separately, the international rate went down $21 to reach $1,961 per ounce.