The gold prices on Thursday fell by Rs500 and reached Rs115,700 per tola at the closing time of trading, reported 24NewsHd TV channel.

Sindh Sarafa Association said the price of 10-gram gold reached Rs 99,108 after the decrease of Rs429.

The 22-carat gold price reached Rs90,850 while in the international market gold price fell by $4 per ounce.