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Gold Price Decreases By Rs 300 Per Tola

KARACHI: The price of gold in the domestic market fell by Rs300 per tola and Rs257 per 10 grams on Wednesday in line with the performance during the week.

Domestic gold prices settled at Rs128,900 per tola and Rs110,511 per 10 grams owing to a declining trend in global rates.

A day earlier, gold prices in the local bullion market plunged by Rs1,350 per tola and Rs1,157 per 10 grams to reach Rs129,200 per tola and Rs110,768 per 10 grams.

Cumulatively, the yellow metal lost Rs2,500 per tola in the local market during the week of the last six sessions.