Gold prices see huge decrease in Pakistan

The gold prices Tuesday saw another big decrease in Pakistani markets as the Pakistan rupee showed a spine against the US dollar in the inter-bank trading, reported 24NewsHD TV channel.

According to the All Pakistan jewellers Association, the price of 24-Karat gold reached Rs195,900 per tola after seeing a decrease of Rs1,700 per tola.

Similarly, the price for 10 grams of 24-Karat gold reached Rs167,953 after seeing a decrease of Rs1,457.

The price of 10 grams of 22-Karat gold reached Rs1,53,957 per tola.

In the international market, the price of one ounce of gold prices decreased by $5 and was being traded for $1,855.

The prices of silver in the country remained unchanged and traded the 24 karats silver at Rs2,130 per tola and Rs1,812.13 per 10 grams.