Gold falls by Rs700 per tola as global rates drop

Karachi: Due to a $7 decrease in the international bullion market, the price of gold per ounce dropped to $3,365. As a result, after several consecutive days of increase, gold prices in the local bullion markets also declined on Tuesday.

Locally, the price of 24-karat gold per tola fell by Rs700, bringing it down to Rs359,000. Similarly, the price of 10 grams of gold decreased by Rs600, settling at Rs307,784.

Likewise, the price of silver per tola dropped by Rs73 to Rs4,014, while the price of 10 grams of silver declined by Rs62 to Rs3,441.