Gold Rate in Pakistan Falls Slightly After Breaking Multiple Records Earlier This Week 

After breaching the record high mark multiple times during the week, the price of gold in Pakistan declined slightly on Friday.  According to data issued by the Karachi Sarafa Association, the price of gold (24 carats) fell by Rs. 300 per tola to Rs. 276,700, while the price of 10 grams was down by Rs. 256 to Rs. 237,226.      On Thursday, the price of precious metal in the local market increased by Rs. 1,500 per tola to hit an all-time high of Rs. 277,700.   In the international market, spot gold was steady at $2,670.50 per ounce as of 0028 GMT after hitting a record high of $2,685.42 on Thursday. Gold prices in the international market have risen by more than 29 percent so far this year.