KARACHI: Gold prices decreased by Rs200 per tola on Saturday in the local market following a decline in the international market.
All Pakistan Sarafa Gems and Jewellers Association stated that gold rates reached Rs289,400 per tola.
Similarly, the price of 10-gram gold dropped by Rs172 to Rs248,113.
Gold rates decreased by $2 to $2,770 per ounce in the international market.
Silver rates dropped to Rs3,409 per tola. Similarly, 10-gram silver rates also decreased by Rs20 to Rs2,922.
Prices in the local market are adjusted by a premium of $20 against rates in the international market.