Gold trims gains in Pakistan,

Business Desk
KARACHI: Gold traded flat on Saturday, retaining gains registered during the week as investors waited for action from the policymakers in hopes that it would do more to tackle the economic crisis.
Data released by the All Pakistan Sarafa Gems and Jewellers Association (APSGJA) showed that the price of gold edged up by Rs100 per tola and Rs85 per 10 grams to settle at Rs158,100 and Rs135,545, respectively.
Investors are on the watch for details of the government’s measure to prevent the default risk, after Pakistan’s five-year credit-default swaps (CDS) – insurance contracts that protect an investor against a default – soared during the week.