Gold prices in Pakistan decline for second consecutive day

Gold prices in Pakistan continued to decline for the second consecutive day after the rupee made massive gains against the dollar on Tuesday. 

According to data released by All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of gold (24 carats) decreased by Rs2,200 per tola and Rs1,887 per 10 grams to settle at Rs205,000 and Rs175,754, respectively.

Meanwhile, the price of the yellow metal increased for the second time by $17 to settle at $1,929 per ounce in the international market today.

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