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KARACHI: Gold prices fell by Rs3,800 per tola on Monday, following a decline in international bullion rates.
The All Pakistan Sarafa Gems and Jewellers Association (APSGJA) said 24-karat gold dropped to Rs453,336 per tola, while the price of 10-gram gold fell Rs3,258 to Rs388,662.The prices dropped by $38 in the international market, where gold settled at $4,308 per ounce. Local prices in Pakistan are typically benchmarked to global rates with a premium of $20 per ounce.Silver rates decreased by Rs122 to Rs6,802. The 10-gram rate also dropped by Rs105 to Rs5,831.
