Gold rates drop in Pakistan

ISLAMABAD: The per tola price of 24 karat gold decreased by Rs.600 and was sold at Rs.271,900 on Monday compared to its sale at Rs. 272,500 on last trading day.

The price of 10 grams of 24 karat gold also decreased by Rs 471 to Rs. 233,110 from Rs. 233,625 whereas the price of 10 gram 22 karat gold went down to Rs 213,685 from Rs. 214,156, the All Sindh Sarafa Jewellers Association reported.

The price of per tola and ten gram silver remained unchanged at Rs 2,950 and Rs 2,529.14, respectively.

The price of gold in the international market decreased by $5 to $2,617 from $2,622, the Association reported.

READ: Gold rates continue to go up in Pakistan

Earlier on last trading day, the per tola price of 24 karat gold increased by Rs.500 and was sold at Rs.272,500.

The price of 10 grams of 24 karat gold also increased by Rs.429 to Rs. 233,625 from Rs. 233,196 whereas the price of 10 gram 22 karat gold went up to Rs.214,156 from Rs.213,763, the All Sindh Sarafa Jewellers Association reported.

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The price of per tola and ten gram silver remained unchanged at Rs.2,950 and Rs.2,529.14, respectively.

The price of gold in the international market increased by $10 to $2,622 from $2,612, the Association reported.