KARACHI: Gold prices decreased by Rs600 per tola in the local market on Friday following a decline in the international market.
The All Pakistan Sarafa Gems and Jewellers Association said that 24-karat gold rates reached Rs476,262 per tola.
Similarly, the price of 10-gram gold dropped by Rs515 to Rs408,317.
Gold rates decreased by $6 to $4,539 per ounce in the international market.
Prices in the local market are adjusted by a premium of $20 against rates in the international market.
Silver rates decreased by Rs159 to Rs8,073 per tola. Similarly, 10-gram silver rates also dropped by Rs136 to Rs6,921.