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Gold price dips to Rs58,500 per tola

KARACHI : The price of gold on Friday slumped to Rs58,500 per tola by Rs1100 on the local market, traders said. Gold w
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By Muhammad Iqbal

priceKARACHI: The price of gold on Friday slumped to Rs58,500 per tola by Rs1100 on the local market, traders said.

Gold was available for Rs51,085 per 10 grams a day before, which fell by Rs943 to Rs50,142. On the global market, the yellow metal price was quoted $1,711 an ounce down from $1,757, traders added.

Copyright Business Recorder, 2011

 

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