Gold prices go down in local, int’l markets

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Staff Reporter 
Karachi

Gold prices in Pakistan have witnessed a decline on Saturday in the local and international market, ARY NEWS reported quoting an official of All Pakistan Jewelers and Manufacturers Association.

According to the association’s chairman Mu-hammad Arshad, the price of the precious metal saw a decline of Rs50 on a tola, closing at Rs112,400 while the 10-gram gold rate went down by Rs41.The 10-gram gold is available in the local mar-ket at Rs96538, he said.

At the end of the weekend, the gold prices in the international market have also witnessed a decline of US$7 after it traded at US$1753 per ounce.

The per tola gold price on Wednesday registered a massive increase of Rs950 to Rs 113,650 in the domestic market.

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