ISLAMABAD: After a huge decline of Rs over 7000 on the last day, the per tola price of 24 karats of gold witnessed a slight decrease by Rs.100 and was available in the market at Rs. 197,100 on Friday against its last day price of Rs.197,200 last day.
Meanwhile, according to All Sindh Sarafa Jewellers Association, the price of 10 grams of 24 karats of the precious metal also went down and decreased by Rs.89 to close at Rs.168,981 from its last day price of Rs. 169,070, whereas the rates of 10 gram of 22 karats of the yellow metal went down up to Rs.154,900 from its previous day price of Rs.154,978.
However, the price per tola and ten grams for the white plate (silver) experienced no change and settled at Rs.2,500 and Rs.2,143.34, respectively.
Gold Price in International Market
Unlike the local market, the price of gold in the international market went up by $7 per ounce to settle at $1,892 from its last-day price of $1,885. Despite an increase in the international market, rates of the precious metal in Pakistan went down. Bullion experts attribute the decrease in price to the appreciation of the Pakistani rupee against the dollar and other international currencies.
