Gold prices decline in Pakistan market

KARACHI:The Pakistani jewellery market on the consecutive third day witnessed a big decrease in the prices of gold on Wednesday.

According to a report, the prices of 24 karats of pure gold were reduced by Rs800 per tola to Rs2,27,300 per tola in the Pakistani market.

The price of 10 grams of 24-karat gold was reduced by Rs686 to Rs1,94,873 per 10 grams. The prices of 22 karats of gold were also reduced and traded at Rs1,78,634 per 10 grams in the Pakistani jewellers market.

In the international market, the price of gold also decreased by US$3 per ounce to US$1,961 per ounce.

The price of 24 karats of pure silver was reduced by Rs50 per tola by Rs2,600 per tola in the local market.

While the price of 10 grams of 24 karats gold was reduced by Rs42.86 to Rs2,229.08 per 10 grams.