Jewellery market witnesses another big fall in gold prices
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The gold prices in Pakistan that reached a historic high some days back saw a continuous decrease in rates this week, reported 24NewsHd TV channel on Thursday.
According to the All Sindh Jewellers Association, the price of one tola of 24-Karat fine gold saw another big decrease of Rs1,200 and was being traded for Rs185,300 per tola.
Similarly, the price of 10 grams of 24-Karat gold saw a decrease of Rs1,029 and was being traded for Rs158,865.
In the international market, the price of one ounce of gold also decreased by US$6 and was being traded for $1,909 per ounce.
Pakistani market also observed a decline in the price of silver on Thursday as the rates of one tola of 24-karat fine silver decreased by Rs20 per tola to Rs2,080.