Gold price decreases in international, local markets

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KARACHI, August 01 (TNS): Gold price witnessed a sharp decline of $2 per ounce in international market and settled at $1268.

Following footprints of international market, gold price witnessed decline of Rs. 300 per tola and settled at Rs. 51, 000 in local markets of Lahore, Faisalabad and Karachi.

Likewise price of 10 gram gold went down by Rs. 200 to settle at Rs. 43, 714. However, silver price remained stable at Rs. 730.