KARACHI: Gold prices decreased by Rs3,094 per tola in the local market on Monday following a decline in the international market.
The All Pakistan Sarafa Gems and Jewellers Association stated that 24-karat gold rates reached Rs452,233 per tola.Similarly, the price of 10-gram gold dropped by Rs2,785 to Rs386,987.Gold rates decreased by $30.945 to $4,297.975 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 94 to Rs7,173 per tola. Similarly, 10-gram silver rates also dropped by Rs86 to Rs6,116.