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Gold Price Slips in Pakistan

KARACHI: Gold prices slipped on Monday as the government’s stance on economic growth dimmed the metal’s appeal, with additional pressure from a rebound in local currency.

Data released by the All Sindh Saraf and Jewellers Association (ASSJA) showed that the price of gold, considered a safe haven, plunged by Rs2,200 per tola and Rs1,886 per 10 grams to settle at Rs157,400 and Rs134,945 in the local market.