Gold prices fall Rs500/tola

KARACHI: Gold prices in the local market dropped Rs500/tola to Rs109,600/tola, according to the data released by the All Sindh Saraf Jewellers Association, on Wednesday.

Similarly, the price of 10 grams gold also dropped Rs429 to Rs93,964, it added.

In the international market too, bullion rates decreased $4 to $1,855/ounce.

However, silver rates remained unchanged at Rs1,460/tola.

The price of 10 grams silver also stood the same at Rs1,251.71, it added.

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