Gold prices fall Rs700/tola

KARACHI: Bullion rates in the local market decreased Rs700/tola on Wednesday.

According to the data released by the All Sindh Saraf Jewellers Association, gold rates in the local market dropped to Rs114,000/tola.

Similarly, 10 grams gold price lowered Rs600 to Rs97,737.

In the international market too, bullion rates dropped $15 to $1,892/ounce.

Jewellers said gold prices in the local market remained Rs6,000/tola lower, compared with the rates in the Dubai gold market.

Meanwhile, silver rates decreased Rs30 to Rs1,220/tola, while rate of 10 grams silver dropped Rs25.72 to Rs1,045.95.