Gold prices fall by Rs 3,600 per tola

The prices of gold witnessed a decline in the local market on Saturday, with the price of 24-karat gold per tola falling by Rs 3,600 to settle at Rs 465,536, according to rates issued by the All Pakistan Sarafa Gems and Jewellers Association. Similarly, the price of 10 grams of 24-karat gold decreased by Rs 3,086 to Rs 399,122, whereas 10 grams of 22-karat gold declined by Rs 2,829 to Rs 365,875. In the international market, the price of gold fell by $36 to $4,430 per ounce, the association reported. Meanwhile, the price of silver per tola decreased by Rs 63 to Rs 7,098, while the price of 10 grams of silver fell by Rs 54 to Rs6,085. The price of silver in the international market also declined by $0.63 to $66.19 per ounce, the association added.