KARACHI: The per tola gold price on Thursday registered a decrease of Rs 2,200 to Rs 107,500 in the domestic market.

According to All Pakistan Jewelers Manufacturers Association, the rate of 10 grams of gold also decreased by Rs1886 to Rs 92,2163 today.

In the international market, gold prices slipped over 2 per cent at one point on Thursday after the U.S. Federal Reserve projected a sooner than anticipated interest rate hike.

Spot gold fell 1.6% to $1,782.86 per ounce by 9:53 am EDT (1353 GMT) having touched its lowest since May 5 at $1,775.40 an ounce, according to Reuters.