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US dollar against Pakistani rupee

Gold prices turned down, as US dollar continues diminishing

KARACHI: The gold price today is showing downward trend in the value of one tola and 10 gram by Rs1,850 and Rs1,586 respectively. The gold is losing its value sue to continuous diminishing of US dollar against Pakistani rupee in the interbank market. It is observed that local one tola and 10 grams gold price further came down by Rs1,850 and Rs1,586 on Monday attaining worth of Rs54,500 and Rs46,725 respectively. However, there is no modification in gold prices in world gold rate, and is stable at $1,224 per ounce. Only…