KARACHI: The price of gold on Thursday dropped as the Pakistani rupee thrashed greenback after deal with International Monetary Fund (IMF).
The price of 24-carat gold has declined by Rs1050.
The 24-carat gold is being traded for Rs141,150 at the local market.
Meanwhile, the price of 10-gram gold of 24-carat has also decreased by Rs901.
The price of 10-gram gold of 24-carat has now reached Rs121,013, while the price of 10-gram gold of 22-carat has now reached Rs111,930.
