Gold rates down Rs150/tola

KARACHI: Gold prices decreased Rs150/tola in the local market on Tuesday. All Sindh Saraf Jewellers Association announced that the bullion rates lowered in the local market to Rs91,400/tola. Similarly, 10 grams gold prices dropped Rs129 to Rs78,361. In the international market, gold rates depreciated $5 to $1,578/ounce.

Jewellers claimed prices in the local market were trading Rs2,000/tola lower, compared with the rates in the Dubai gold market.