The price of 24 karat gold decreased by Rs. 2,500 per tola and was traded at Rs. 353,000 on Monday as compared to its sale at Rs. 355,500 on the last trading day, All Pakistan Sarafa Gems and Jewelers Association reported.
Last week, the price of the precious metal rose by Rs. 6,100 per tola.
The prices of 10 grams of 24 karat also decreased by Rs. 2,143 to Rs. 302,640 from Rs. 304,783 and for 10 grams of 22 Karat it went down by Rs. 1,964 to Rs. 277,430 from Rs. 279,394
The rates of per tola and ten-gram silver decreased by Rs. 30 and Rs. 25 to Rs. 3,841 and Rs. 3,293 respectively.
The price of gold in the international market decreased by $25 to $3,310 from $3,335, whereas that of silver declined by $0.30 to $36.57, the Association reported.
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