Gold slips Rs250 per tola

KARACHI: The price of gold has further dipped by Rs250 per tola to Rs44,350, as the commodity continues to experience slide, Geo News reported Friday.Talking to Geo News, President All Sindh Saraf...

By
AFP
|
Gold slips Rs250 per tola
KARACHI: The price of gold has further dipped by Rs250 per tola to Rs44,350, as the commodity continues to experience slide, Geo News reported Friday.

Talking to Geo News, President All Sindh Saraf Association Haji Haroon Rasheed Chaand cited two reasons for declining rate of gold: increasing value of dollar and off-loading of gold stock by US and Europian traders.

He said the gold price has been witnessing decrease over the past four days.