KARACHI: Despite the rupee falls to record low against the greenback, the price of gold on Wednesday witnessed big dip.

According to details, the price of gold per tola of 24-carat has declined by Rs1200. With this decrease, the price of gold per tola of 24-carat is now traded at Rs144,000.

Meanwhile, the price of 10-gram gold of 24-carat has also decreased by Rs1028 to Rs123,457. The price of 10-gram gold of 22-carat has also dropped by Rs942 to reach Rs113,170.

On the other side, the price of gold at the international market has also decreased by $9 per ounce to reach $1708.