Gold price declines by Rs.600 per tola

Karachi: The Gold price in Pakistan declines by Rs.600 per tola on Tuesday.

The rates of yellow metal decreased in Pakistan and the international market on the second day of the week.

As per the information provided by the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the cost of 24-carat gold experienced a decline of Rs.600 per tola, reaching a value of Rs. 221,100.

The price of 10 grams of 24-karat pure gold decreased by Rs514 and traded at Rs189,558 per 10 grams.

While the yellow metal of 22 karats of gold which is usually used for jewellery making, sold at the rate of Rs1,73,761 per 10 grams.

In the International market, the price of pure gold of 24 karats massively decreased by $13 per ounce to $1927 per ounce.

Yesterday evening, the Gold price in Pakistan declines by Rs.1,100 per tola on Monday.

As per the information provided by the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the cost of 24-carat gold experienced a decline of Rs. 1,100 per tola, reaching a value of Rs. 221,700.

In the international market, the cost of gold decreased by $2, making it $1,940 instead of $1,942, as reported by the association.