KARACHI – Gold prices saw a big drop in domestic market of Pakistan on last day of the business week, Saturday, in line with decreasing international prices.
According to Sarafa association, the per tola price of gold decreased by Rs1,700 to settle at Rs216,000 while the price of 10-gram declined by Rs1,485 to reach Rs185,185.
In international market, the gold price plunged by $15 to close at $2,059 per ounce.
Meanwhile, the silver prices remained unchanged at Rs2,600 per tola and Rs2,229.08 per 10 grams in domestic market of Pakistan.
A day earlier, the per tola price of 24 karat gold increased by Rs 1,400 and was sold at Rs 217,700 on Friday compared to its sale at Rs. 216,300 on the last trading day.
The price of 10 grams of 24 karat gold also increased by Rs .1,201 to Rs.186,643 from Rs 185,442 whereas the prices of 10 gram 22 karat gold went up to Rs 171,089 from Rs. 169,989, the All Sindh Sarafa Jewellers Association reported.
