Gold prices down Rs100/tola

KARACHI: Bullion rates declined Rs100/tola in the local market on Thursday. Karachi Saraf Association announced gold rates decreased to Rs85,350/tola. Similarly, 10 grams gold prices dropped Rs86 to Rs73,174.

In the international market, bullion rates fell $2 to $1,475/ounce. Jewellers claimed bullion prices in the local market were trading Rs2,200/tola lower, compared with the rates in the Dubai gold market.