Gold prices down Rs1,300 per tola

KARACHI: Gold prices decreased by Rs1,300 per tola on Monday in the local market. The All Sindh Saraf Jewellers Association said that gold rates reached Rs277,500 per tola.

Similarly, the price of 10-gram gold dropped by Rs1,115 to Rs237,911.Gold rates decreased by $13 to $2,670 per ounce in the international market. Silver rates remained unchanged at Rs3,300 per tola. Similarly, 10-gram silver rates also stood the same Rs2,829.21.Prices in the local market are adjusted by a premium of $20 against rates in the international market.