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Saturday May 18, 2024

Gold rates drop Rs1,700 per tola

Gold rates decreased by $17 to $2,395 per ounce in the international market

By Our Correspondent
April 19, 2024
This image shows gold bars. — AFP/File
This image shows gold bars. — AFP/File

KARACHI: After touching record highs, gold prices in the local market dropped by Rs1,700 per tola on Thursday following a decline in the international market.

According to All Sindh Saraf Jewellers Association data, gold rates in the local market decreased to Rs250,200 per tola. Similarly, the 10-gram gold price also decreased by Rs1,458 to Rs214,506. Gold rates decreased by $17 to $2,395 per ounce in the international market.

Silver rates remained unchanged at Rs2,780 per tola. The price of 10-gram silver also stood the same at Rs2,383.40.