KARACHI: Gold rates in the local market decreased Rs800/tola on Thursday.
According to the data released by the All Sindh Saraf Jewellers Association, bullion rates in the local market dropped to Rs114,200/tola.
Similarly, 10 grams gold price lowered Rs686 to Rs97,908.
In the international market, bullion rates dropped $16 to $1,949/ounce.
Jewellers said gold prices in the local market remained Rs9,000/tola lower, compared with the rates in the Dubai gold market.
However, silver rates remained unchanged at Rs1,320/tola. Rate of 10 grams silver also stood the same at Rs1,131.68.