Gold prices down Rs2,200 per tola

KARACHI: Gold prices decreased by Rs2,200 per tola on Thursday in the local market.

The All Sindh Saraf Jewellers Association stated that gold rates reached Rs261,500 per tola.Similarly, the price of 10-gram gold dropped by Rs1,886 to Rs224,194.Gold rates increased by $4 to $2,516 per ounce in the international market.

Silver rates remained unchanged at Rs2,950 per tola. Similarly, 10-gram silver rates also stood the same at Rs2,529.14.Prices in the local market are adjusted by a premium of $20 against rates in the international market.