Gold price more falls to Rs 450 per tola, reaches five-year low

KARACHI (92 News) – The gold price has further decreased by Rs 450 per tola, following a decrease in the international market. The price in the local market has decreased by Rs 1,250 per tola during the last two days. The price of 24K gold was Rs 42,254 per tola in Karachi on Wednesday. The precious metal dropped to a five-year low in the international market to near $1,093.60 an ounce.