Gold price dips by Rs.500 per 10 grams

KARACHI: The Gold prices fell by Rs500 per tola, on Wednesday, and currently being traded at Rs.87,500

The price of ten grams of gold has dipped down to 87,500 after witnessing a decrease of Rs500. Global bullion market, however, saw an $11 decrease today as the gold was being traded at $1494.

On the other hand, the rupee rose by 2 paisa against the US dollar in the interbank market on Wednesday. According to forex dealers, the US dollar was depreciated by 2 paisa to stand at Rs156.30.