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Gold Rate Declines Slightly, Closes Just Shy of All-Time High

The price of 24 karat per tola gold decreased by Rs. 800 and was traded at Rs. 317,800 on Tueday as compared to its sale at Rs. 318,600 on previous trading day, All Pakistan Sarafa Gems and Jewelers Association reported.

Despite the slight decrease, the price of the yellow metal remains closed to the all-time high of Rs. 320,800 posted last week.

The prices of 10 grams of 24 karat also decreased by Rs. 686 to Rs. 272,462 from Rs. 273,148 whereas the prices of 10 gram 22 karat gold also went down by Rs. 629 to Rs. 249,765 from Rs. 250,394 respectively.

The prices of per tola and ten gram silver remained constant at Rs. 3,475 and Rs. 2,979 respectively.

The price of gold in the international market decreased by $6 to $3,021 from $3,027 whereas that of silver remained unchanged at $33.10, the Association reported.

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