The price of 24 karat gold decreased by Rs. 5,900 per tola and was traded at Rs. 359,000 on Thursday as against its sale at Rs. 364,900 the previous day, All Pakistan Sarafa Gems and Jewelers Association reported.
Yesterday, the price of the precious metal hit an all-time high of Rs. 364,900 per tola, beating the previous record of Rs. 363,700 registered in late April.
The prices of 10 grams of 24 karat also decreased by Rs. 5,058 to Rs. 307,784 from Rs. 312,842 whereas that of 10 grams of 22 karat gold went down by Rs. 4,637 to Rs. 282,145 from Rs. 286,782.
However, the rates of per tola and ten-gram silver decreased by Rs. 24 and Rs. 20 to Rs. 4,057 and Rs. 3,478 respectively.
The price of gold in the international market decreased by $61 to $3,363 from $3,424, whereas that of silver decreased by $0.26 to $39.08 from $39.34, the Association reported.
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