The price of the 24-Karat gold per tola decreased by Rs2600 and reached Rs209,400 on the first trading day of the business week.
The yellow metal has lost Rs29,600 in the last eight trading days of the gold market.
The price of the 10-gram 24-Karat reached Rs179,527 after a decrease of Rs2229 per tola.
The value of the US dollar continues its downward spiral, as the local currency keeps regaining its lost ground.
At the start of the first day of the trading week, the American currency lost 95 paisas in the interbank market and fell back to Rs302.
A short while later, the greenback lost Rs1.55 to the Pakistani rupee and dropped to Rs301.4 in the interbank market.
