Gold prices drop Rs6,100 per tola

KARACHI: Gold prices fell by Rs6,100 per tola on Tuesday in the local market following a decline in international rates.According to the All Pakistan Sarafa Gems and Jewellers Association, gold prices dropped to Rs352,300 per tola.

Similarly, the price of 10-gram gold decreased by Rs5,230, bringing it down to Rs302,040.In the international market, gold rates fell by $61, settling at $3,339 per ounce. Local gold prices are typically adjusted with a premium of $20 over international rates.Silver prices remained unchanged at Rs3,745 per tola. The price of 10-gram silver also stood the same at Rs3,210.