KARACHI: Gold prices fell by Rs5,600 per tola in the local market on Tuesday, following a decline in the international market.
The All Pakistan Sarafa Gems and Jewellers Association said that 24-karat gold rates reached Rs424,136 per tola.Similarly, the price of 10-gram gold dropped by Rs4,801 to Rs363,628.Gold rates fell by $56 to $4,017 per ounce in the international market.
Prices in the local market are adjusted with a premium of $20 against international rates.Silver rates fell by 50 to Rs6,289 per tola. Similarly, 10-gram silver rates also dropped by Rs43 to Rs5,391.