On previous trading day, the precious stone was traded at Rs320,800, according to All Pakistan Sarafa Gems and Jewelers Association.

The association reported that the prices of 10 grams of 24 karat also decreased by Rs1,712 to Rs 273,319 from Rs275,034 whereas the prices of 10-gram gold of 22 karat also went down by Rs.1,572 to Rs.250,551 from Rs252,123.

In the international market, the price of gold decreased by $19 to $3,031 from $3,050 whereas price of silver went down by $0.40 to $33.10, the Association reported.