Gold prices drop Rs200 per tola

KARACHI: Gold prices decreased by Rs200 per tola on Saturday in the local market following a decline in the international market.

The All Sindh Saraf Jewellers Association stated that gold rates reached Rs282,400 per tola.

Similarly, the price of 10-gram gold dropped by Rs170 to Rs242,112.

Gold rates decreased by $2 to $2,703 per ounce in the international market.

Silver rates decreased to Rs3,381 per tola. Similarly, 10-gram silver rates also dropped to Rs2,898.

Prices in the local market are adjusted by a premium of $20 against rates in the international market.