Gold prices drop Rs700 per tola

KARACHI: Gold prices decreased by Rs700 per tola on Monday in the local market. The All Sindh Saraf Jewellers Association stated that gold rates reached Rs275,000 per tola.Similarly, the price of 10-gram gold dropped by Rs600 to Rs235,768.Gold rates decreased by $7 to $2,632 per ounce in the international market.

Silver rates remained the same at Rs3,350 per tola. Similarly, 10-gram silver rates also stood unchanged at Rs2,872.08.Prices in the local market are adjusted by a premium of $20 against rates in the international market.