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Saturday, March 02, 2024  
20 Shaban 1445  

Gold prices record decrease

Drop of $2 per ounce in the world market brought gold down in domestic market
Photo/File
Photo/File

The gold prices could not sustain their upward movement and fell by Rs600 in the bullion market on Wednesday.

The All Sindh Sarafa Jewellers Association said that gold was selling at Rs215,500 per tola.

Similarly, a 10-gram block of gold will be sold at Rs184,756 after a dip of Rs515.

The decline in domestic prices was caused by a drop of $2 an ounce in the world market bringing gold down to $2055 in the global market.

Prior to this, the per tola price of 24 karat gold increased by Rs700 and was sold at Rs216,100 on Tuesday, compared to its sale at Rs215,400 on the last trading day.

The price of 10 grams of 24 karat gold also increased by Rs600 to Rs185,271 from Rs184,671 whereas the price of 10 grams 22 karat gold went up to Rs169,832 from Rs169,282, the All Sindh Sarafa Jewellers Association reported.

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