The price of gold had decreased in international and local markets yesterday as well.
Karachi:
Gold became cheaper due to further decrease in prices in international and local markets.
The price of gold per ounce in the international bullion market recorded a decrease of $20 on Friday, after which the new global price came to $4,095 per ounce.
Under the influence of the global market, the price of 24-carat gold per tola in the local bullion markets also decreased by Rs2,000 and thus the price of gold reached Rs431,862 per tola on the last day of the business week.
The price of gold per 10 grams in local markets also decreased by Rs1,714 to Rs370,252.
Similarly, the price of silver per tola in the country decreased by Rs 43 to Rs 5,067 and the price of 10 grams of silver also decreased by Rs 37 to Rs 4,344.
It should be remembered that yesterday too, gold prices had decreased in the global and local markets and gold had become cheaper by $35 in the international market while it had become cheaper by Rs 3,500 per tola locally.
