Massive decrease in gold prices: What’s behind this turnaround?
Gold / File photo
ISLAMABAD: (Web Desk) The per tola and 10-gram prices of 24-karat gold in Pakistan decreased by Rs2,400 to Rs306,300 and Rs2,058 to Rs262,602 respectively.

The gold price decreased by Rs2,400 to Rs306,300 against its sale at Rs308,700 on previous trading day, according to All Pakistan Sarafa Gems and Jewelers Association.

The price of 10 grams of 24 karat gold also decreased by Rs2,058 to Rs262,602 from Rs264,660. The rate that of 10 gram 22 karat went down by Rs.1,886 to Rs 240,727 from Rs.243,613.

Also in the international market, the price of gold decreased by $24 to $2,916 from $.2,940 whereas the prices of silver in international market went down by $0.41 to $31.79, the Association reported.