Gold prices drop Rs2,600 per tola

KARACHI: Gold prices decreased by Rs2,600 per tola on Thursday in the local market.

The All Sindh Saraf Jewellers Association said that gold rates reached Rs273,300 per tola.Similarly, the price of 10-gram gold dropped by Rs2,229 to Rs234,311.Gold rates decreased by $26 to $2,621 per ounce in the international market.

Silver rates dropped by Rs50 to Rs3,350 per tola. Similarly, 10-gram silver rates also decreased by Rs29.58 to Rs2,914.95.Prices in the local market are adjusted by a premium of $20 against rates in the international market.