Gold further down Rs200/tola

KARACHI: Gold prices dropped by Rs200/tola in the local market on Thursday. According to the rates announced by All Sindh Saraf Jewellers Association, prices decreased to Rs87,900/tola. Similarly, the rate of 10 grams gold also decreased by Rs172 to Rs75,360.

In the international market, gold price dropped by $4/ounce to $1,496/ounce. Jewellers said price in the local market was still traded lower by Rs2,000/tola, compared with the Dubai gold market.