The price of 24-karat gold in the local market Monday decreased by Rs1100 per tola taking the price to Rs2,21,700 per tola, reported 24NewsHD TV channel.

The price of 10 grams of 24-karat pure gold decreased by Rs943 and traded at Rs1,90,072 per 10 grams.

In the International market, the price of pure gold of 24 karats also decreased by $2 per ounce to $1942.

On the other hand, the price of 24 karat silver per tola and 10 grams also remained the same at Rs2,750 and Rs2,357 respectively.