he price of 24 karat per tola gold witnessed a decrease of Rs.6,700 on Thursday and was sold at Rs.335,200 against its sale at Rs.341,900 on the previous trading day, All Pakistan Sarafa Gems and Jewelers Association reported.

The prices of 10 grams of 24 karat came down by Rs5,745 to Rs287,379 from Rs293,124, whereas the price of 10 grams of 22 Karat declined by Rs.5,266 to Rs263,440 from Rs268,706.

The rates of per tola silver witnessed a decrease of Rs105 to Rs.3,377, and ten gram silver also decreased by Rs90 to Rs2,985, respectively.

The price of gold in the international market also decreased by $67 to $3,168 from $3,235, whereas that of silver decreased by $1.05 to $31.95, the Association reported.

However, on May 13, gold prices in Pakistan rebounded with an increase of Rs3,700 per tola, bringing the new rate to Rs344,200.

On May 14, the price of 24-karat gold fell by Rs10,400 per tola, pushing the new rate down to Rs340,500.

Read more

Gold prices plunge by thousands in local, international markets

Massive increase in gold prices in Pakistan

Gold prices drop in Pakistan, intl markets