KARACHI: Gold price in local markets witnessed a decline of Rs1,600 a tola to Rs59,000 on Thursday, following a decline in international markets,
Haji Haroon Rasheed Chand, President All Sindh Sarafa Association, told Geo News that price of yellow metal fell by 64 dollars to 1718 per ounce Wednesday, having an impact on the local rates of the commodity Thursday.
The price of 10 gram gold also slid by Rs1,371 to 50,571 in local markets.
Haji Haroon Rasheed Chand said if the gold price did not show improvement within the next one or two days, the local rates may witness further decrease.
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