KARACHI: Gold prices fell by Rs2,400 per tola in the local market on Monday, following a decline in the international market.
The All Pakistan Sarafa Gems and Jewellers Association said that 24-karat gold rates reached Rs463,136 per tola.Similarly, the price of 10-gram gold dropped by Rs2,058 to Rs397,064. Gold rates fell by $24 to $4,406 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 39 to Rs7,059 per tola. Similarly, 10-gram silver rates also dropped by Rs34 to Rs6,051.