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Gold prices decrease Rs2,300 per tola

Gold rates decreased by $43 to $2,370 per ounce in the international market

By Our Correspondent
July 26, 2024
A representational image of gold chains. — Reuters/File
A representational image of gold chains. — Reuters/File

KARACHI: Gold prices in the local market dropped by Rs2,300 per tola on Thursday.

According to All Sindh Saraf Jewellers Association data, gold rates in the local market decreased to Rs250,500 per tola.Similarly, the 10-gram gold price also decreased by Rs1,972 to Rs214,763.

Gold rates decreased by $43 to $2,370 per ounce in the international market.Silver rates dropped by Rs60 to Rs2,860 per tola. The price of 10-gram silver also decreased by Rs51.44 to Rs2,451.98.Prices in the local market are adjusted by a premium of $20 against rates in the international market.