Gold prices in Pakistan witness decrease

Gold prices in Pakistan witness decrease

The gold prices Saturday saw a nominal decrease in Pakistani markets asPakistan rupee showed little spine against the US dollar in the inter-banktrading.

According to the All Pakistan jewellers Association, the price of 24-Karatgold reached Rs204,300 per tola after seeing a decrease of Rs200.

Similarly, the price for 10 grams of 24-Karat gold reached Rs175,154 afterseeing a decrease of Rs182.

The price of 22-Karat gold, used in making the jewellery, reached Rs187,246per tola after seeing a decrease of Rs148.

The price of 10 grams of 22-Karat gold reached Rs160,588 after seeing adecrease of Rs127.

In the international market, the price of one ounce of gold pricesincreased by $5 and was being traded for $1870.