Gold prices fall Rs300/tola

KARACHI: Gold prices in the local market declined Rs300/tola on Tuesday. According to the All Sindh Saraf Jewellers Association, the rates moved down to Rs86,900/tola. Likewise, price of 10 grams gold also decreased Rs257 to Rs74,503.

In the international market, the bullion rates dropped $5 to $1,487/ounce. Jewellers claimed the bullion rates in the Dubai gold market remained higher by Rs1,500/tola, compared with prices in the local market.