KARACHI: Price of gold has dropped in Pakistan by Rs300 per tola on the fourth day of business week in Sarafa Bazaar.

All Pakistan Sarafa Association said that after a cut of Rs300 price for one tola gold is Rs110,500. While, new price of 10 gram gold is Rs94,736 after reduction of Rs257.

It should be noted that gold price is fluctuating amid rising number of coronavirus and discovery of its vaccine. A day ago gold price had climbed by Rs1,600 to reach Rs110,800 per tola. While, the gold price had soared by Rs350 on the second day of this business week.