Gold prices down Rs1,100 per tola

KARACHI: Gold prices decreased by Rs1,100 per tola on Monday in the local market. The All Sindh Saraf Jewellers Association stated that gold rates reached Rs260,400 per tola.

Similarly, the price of 10-gram gold dropped by Rs943 to Rs223,251.Gold rates decreased by $7 to $2,490 per ounce in the international market. Silver rates remained unchanged at Rs2,850 per tola. Similarly, 10-gram silver rates also stood the same Rs2,443.41.Prices in the local market are adjusted by a premium of $20 against rates in the international market.