Gold rates register drop in Pakistan

ISLAMABAD: The per tola price of 24 karat gold decreased by Rs.700 and was sold at Rs.276,000 on Saturday compared to its sale at Rs. 276,700 on last trading day.

The price of 10 grams of 24 karat gold also decreased by Rs 601 to Rs. 236,625 from Rs. 237,226 whereas the price of 10 gram 22 karat gold went down to Rs 216,907 from Rs. 217,456, the All Sindh Sarafa Jewellers Association reported.

The price of per tola and ten gram silver remained constant at Rs.3,050 and Rs.2,614.88 respectively.

The price of gold in the international market decreased by $6 to $2,657 from $2,663, the Association reported.

Yesterday, gold prices in Pakistan declined in line with their decrease in international rates. In the local market, the price of gold per tola was down by Rs300 to Rs276,700.

Similarly, 10-gram gold was sold at Rs237,226 after it recorded a decrease of Rs256, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).