KARACHI: Gold rates in the local market fell by Rs550/tola on Saturday despite an increase in the international market.
Rates announced by All Sindh Saraf Jewellers Association showed that prices declined to Rs83,450/tola, while Rs471 dropped on 10-gram gold to Rs71,545. However, prices in the international market increased by $6/ounce to $1,442.
Jewellers said prices in the local market were trading Rs2,000 below Dubai market rates after an increase in the international market.
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