Gold prices fall in local, global markets

Karachi: The price of gold decreased in the local and global markets.

According to All Pakistan Gems and Jewelers Association, the price of 24-carat gold per tola fell by Rs1,200 to Rs2,75,700 in the bullion market and the price of gold per 10 grams plummeted by Rs1,029 to Rs2,36,368.

In contrast to the decline in gold prices, the price of silver per tola in the country remained unchanged at Rs3,350 and the price of silver per 10 grams remained unchanged at Rs2,872.08.

The price of gold per ounce in the international bullion market fell by $18 to $2,639.