Gold prices drop Rs2,000 per tola

KARACHI: Gold prices decreased by Rs2,000 per tola on Friday in the local market. The All Sindh Saraf Jewellers Association said that gold rates reached Rs271,300 per tola.Similarly, the price of 10-gram gold dropped by Rs1,715 to Rs232,596.

Gold rates decreased by $20 to $2,601 per ounce in the international market. Silver rates remained the same at Rs3,350 per tola. Similarly, 10-gram silver rates also stood unchanged at Rs2,872.08.Prices in the local market are adjusted by a premium of $20 against rates in the international market.