KARACHI: Gold rates in the local market dropped Rs700/tola on Wednesday. According to the data released by the All Sindh Saraf Jewellers Association, bullion rates in the local market decreased to Rs97,700/tola.
Similarly, 10 grams gold price also decreased Rs600 to Rs83,762. In the international market, bullion rates dropped $22/ounce to $1,718/ounce.
Local jewellers claimed gold prices in the local market remained Rs7,000/tola lower, compared with the gold rates in the Dubai market.