Gold prices down Rs650/tola

KARACHI: Bullion rates in the local market declined Rs650/tola to Rs111,100/tola, according to the data released by the All Sindh Saraf Jewelers Association, on Wednesday.

Similarly, the price of 10 grams gold dropped Rs558 to Rs95,250, it added.

In the international market too, bullion rates decreased $4 to $1,891/ounce.

Meanwhile, silver rates dropped Rs40 to Rs1,460/tola. The price of 10 grams silver also decreased Rs34.29 to Rs1,251.71, it added.

Jewellers claimed prices in the local market remained Rs1,000/tola lower, compared with the gold rates in the Dubai market.