Gold price decreases to Rs110,000 per tola.

KARACHI -- Gold continued its downward trend and declined in value on Saturday.

Ehsan Mehanti, the CEO of Arif Habib Commodities said, 'Gold has been on a downward slope amid the strengthening values of currencies, like the US Dollar and the Pakistani Rupee.' Gold prices are dropping because of the news of the vaccine with the talk of global vaccination producing a negative pressure on the cost of the metal, said Mehanti.

'The price of the dollar strengthened and a strong Rupee also produced downwards pressures on the price of gold.'...

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