ISLAMABAD: The per tola price of 24 karat gold decreased by Rs 400 and was sold at Rs 240,600 on Wednesday compared to its sale at Rs 241,000 on the last trading day, ARY New reported.
The price of 10 grams of 24 karat gold also decreased by Rs 343 to Rs 206,276 from Rs 206,619 whereas the price of 10 grams 22 karat gold went up to Rs 189,086 from Rs189,400, All Sindh Sarafa Jewellers Association reported.
The price of per tola silver decreased by Rs.20 to Rs2,800 whereas that of ten-gram silver went down by Rs.17.1 to Rs.2400.54.
The price of gold in the international market decreased by $4 to $2,332 from $2,336, the Association reported.
It is pertinent to mention here that back in April, gold prices in the local market had reached an all-time high of Rs252,200 per tola.
The fluctuations in gold prices are largely driven by changes in the international market, reflecting the global demand and supply dynamics for the precious metal.
