KARACHI: Gold and silver prices recorded a decline in Pakistan today, after which gold fell to Rs 422,136 per tola while silver fell to Rs 5,793.
According to the All Pakistan Gems and Jewellers Sarafa Association, the price of gold per tola decreased by Rs 1,300, while 10 grams of gold became cheaper, from Rs 1,115 to Rs 361,913.
The price of silver also decreased. Silver per tola decreased from Rs 85 to Rs 5,793, while 10 grams of silver decreased from Rs 73 to Rs 4,966.
On the other hand, the price of gold in the global market decreased from $13 to $3,996 per ounce. Silver also decreased by 85 cents to $53.15 per ounce in the global market.
This decrease in the prices of precious metals has come in the context of changes in the local and global markets. Buyers should confirm the latest rates from the local Sarafa market before purchasing jewellery.
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