After the devaluation of the dollar against the Pakistani rupee in the interbank and open market, the prices of gold also reduced in the local market on Monday.
According to the 24News HD TV channel, the rate of 24 karats fine gold has decreased by Rs4,300 to Rs 1,34,200 per tola in the Karachi jewellery market.
The price of 10 grams of gold also decreased by Rs3686 to Rs1,25,055 while the rates of gold fell by $27 to $1,775 per ounce in the global market.

Reporter: Ashraf Khan