KARACHI: In the international bullion market, the price of gold fell by $14 per ounce to the new global price of $2362.
On the other hand, the price of 24-karat gold per tola decreased by Rs.100 to Rs.245,000 and the price of gold per 10 grams decreased by Rs.86 to Rs.210,048 in the local bullion markets on Tuesday.
Contrary to the slight decrease in the price of gold, the price of silver per tola in the country remained unchanged at Rs 2900 and the price of silver per 10 grams remained unchanged at Rs 2486.28.
Bullion market representatives say that the price of gold per tola has been undercast by 2200 rupees in the local bullion markets due to reduced buying activities of gold.
Yesterday, the price of gold in the global market decreased by 12 dollars to 2376 dollars per ounce, while the price of gold per tola decreased by 1300 rupees to 245100 rupees and the price of gold per 10 grams was 1113 rupees. 210134 had reached the level of Rs.
