Gold prices fall Rs250/tola

KARACHI: Gold prices in the local market declined Rs250/tola on Thursday. An announcement by the Karachi Saraf Association said bullion rates decreased to Rs85,200/tola in the local market. Similarly, 10 gram gold prices dropped Rs215 to Rs73,045.

In the international market, bullion rates decreased $1 to $1,457/ounce. Jewellers claimed prices in the local market were still trading Rs1,500/tola lower, compared with the rates in the Dubai gold market.