Gold prices drop by Rs2,500 per tola

Karachi: The price of 24 karat gold declined by Rs2,500 per tola and was sold at Rs222,200 on Monday.

All Sindh Sarafa Jewellers Association reported, the price of 10 grams of 24 karat gold also decreased by Rs2,143 to Rs190,501 whereas 10 gram 22 karat gold was sold at Rs174,626.

The price of per tola silver increased by Rs50 to Rs2,800 whereas that of 10 gram silver went up by Rs42.86 to 2,400.54.

The price of gold in the international market decreased by $16 to $1,959 from $1,975, the association reported.