The price of gold declined by Rs50 per tola to reach Rs211,300 per tola in the local market. Similarly, gold 10 grammes was down by Rs42 to reach Rs181,356 per 10 grammes.

In the international market, the precious metal recorded a decrease of $3 to reach $1,987 per ounce.

Meanwhile, the rupee ended the week with another loss as it shed 48 paisas against the dollar in the interbank foreign exchange market on Friday.

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The greenback was trading at Rs280.57 at the closing of the market, as against the closing of Rs280.09 the previous day.