Gold prices down Rs1,700 per tola

KARACHI: Gold prices decreased by Rs1,700 per tola on Monday in the local market.The All Sindh Saraf Jewellers Association stated that gold rates reached Rs274,500 per tola.

Similarly, the price of 10-gram gold dropped by Rs1,457 to Rs235,340.Gold rates decreased by $17 to $2,633 per ounce in the international market.

Silver rates remained unchanged at Rs3,400 per tola. Similarly, 10-gram silver rates also stood the same at Rs2,914.95.Prices in the local market are adjusted by a premium of $20 against rates in the international market.