The price of 24-karat gold per tola witnessed a drop of Rs1,200, selling at Rs240,700 on Thursday compared to Rs241,900 on the previous trading day.
Similarly, the price of 10 grams of 24-karat gold decreased by Rs1,029, falling to Rs206,361 from Rs207,390. The price of 10 grams of 22-karat gold also saw a reduction, dropping to Rs189,165 from Rs190,108, according to the All Sindh Sarafa Jewellers Association.
The prices of per tola and 10 grams of silver remained unchanged at Rs2,750 and Rs2,357.68, respectively.
In the international market, the price of gold increased by $2, rising to $2,315 from $2,313, as reported by the Association.
On Wednesday, gold prices had increased in line with a rise in the international rate. In the local market, the per tola price of gold was hiked by Rs600, reaching Rs241,900. The 10-gram gold price increased by Rs514, selling at Rs207,390. Meanwhile, silver rates remained stable at Rs2,750 per tola.
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