KARACHI: Gold prices fell by Rs11,300 per tola in the local market on Wednesday, following a decline in the international market.
The All Pakistan Sarafa Gems and Jewellers Association said that 24-karat gold rates reached Rs454,036 per tola.Similarly, the price of 10-gram gold dropped by Rs9,688 to Rs389,262.Gold rates fell by $113 to $4,315 per ounce in the international market.
Prices in the local market are adjusted with a premium of $20 against international rates.Silver rates decreased by 270 to Rs6,859 per tola. Similarly, 10-gram silver rates also dropped by Rs231 to Rs5,880.