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Saturday October 05, 2024
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Gold prices down Rs700 per tola

By Our Correspondent
October 06, 2024
An employee places ingots of 99.99 percent pure gold in a workroom at the Novosibirsk precious metals refining and manufacturing plant in the Siberian city of Novosibirsk, Russia, on September 15, 2023. — REUTERS
An employee places ingots of 99.99 percent pure gold in a workroom at the Novosibirsk precious metals refining and manufacturing plant in the Siberian city of Novosibirsk, Russia, on September 15, 2023. — REUTERS

KARACHI: Gold prices decreased by Rs700 per tola on Saturday in the local market.

The All Sindh Saraf Jewellers Association stated that gold rates reached Rs275,500 per tola.

Similarly, the price of 10-gram gold dropped by Rs600 to Rs236,197.

Gold rates decreased by $7 to $2,653 per ounce in the international market.

Silver rates remained unchanged at Rs3,050 per tola. Similarly, 10-gram silver rates also stood the same Rs2,614.88.

Prices in the local market are adjusted by a premium of $20 against rates in the international market.