Gold price declines after slump in global prices

The price of gold fell by Rs1,400 tola in Pakistan, the All Sindh Sarafa Jewellers Association reported on Thursday. The price drop took the rate of gold in Pakistan to Rs213,800 per tola. The price for 10 grams of gold also fell by Rs1,200 to Rs183,300. In the international market, the price of gold fell by $12 to reach $2,035 per ounce.