Gold price declines by Rs.1,900 per tola

Karachi: The Gold price in Pakistan declined by Rs.1,900 per tola on Wednesday.

As per the information provided by the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the cost of 24-carat gold experienced a decrease of Rs1,900 per tola, reaching a value of Rs. 232,600.

Similarly, the price of 10 grams of 24-karat pure gold increased by Rs1,629 and traded at Rs199,417 per 10 grams.

Meanwhile, the yellow metal of 22 karats of gold which is usually used for jewellery making, sold at the rate of Rs182,799 per 10 grams.

In the International market, the price of pure gold of 24 karats increased by $3 per ounce to $1904 per ounce, as reported by the association.

On the other hand, the price of 24 karat silver per tola and per 10 grams also remained the same at Rs2,800 and Rs2,400 respectively.