Gold rates drop Rs600 per tola

KARACHI: Gold prices in the local market dropped by Rs600 per tola on Saturday following a decline in the international market.

According to All Sindh Saraf Jewellers Association data, gold rates in the local market decreased to Rs244,400 per tola.

Similarly, the 10-gram gold price also decreased by Rs514 to Rs209,534.

Gold rates decreased by $6 to $2,337 per ounce in the international market.

Silver rates remained unchanged at Rs2,650 per tola. The price of 10-gram silver also stood the same at Rs2,271.94.

Prices in the local market are adjusted by a premium of $20 against rates in the international market.