The price of 24 karat gold decreased by Rs. 1,500 per tola and was traded at Rs. 355,500 on Friday as compared to its sale at Rs. 357,000 on the last trading day, All Pakistan Sarafa Gems and Jewelers Association reported.
It is pertinent to mention here that the price of gold increased by Rs. 7,600 per tola during the first four days of the week. Today’s decline cuts the increase so far this week to Rs. 6,100 per tola.
The prices of 10 grams of 24 karat also decreased by Rs. 1,286 to Rs. 304,783 from Rs. 306,069 and for 10 grams of 22 Karat it went down by Rs. 1,179 to Rs. 279,394 from Rs. 280,573
The rates of per tola and ten-gram silver remained constant at Rs. 3,871 and Rs. 3,318 respectively.
The price of gold in the international market decreased by $15 to $3,335 from $3,350, whereas that of silver remained unchanged at $36.87, the Association reported.
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