Gold drops Rs1,400/tola

KARACHI-Pakistan (Aug 12)  Gold prices in the local market dropped by Rs1,400 per tola on Thursday on the back of continuous appreciation of the rupee against the dollar. .ads_between_content{ height:auto; width:auto; clear: both; text-align: center; } .ads_between_content .story_ads{ } /*@media (max-width:600px){ .ads_between_content{ float:none; margin:0px auto; text-align: center; } }*/

According to data released by All Sindh Saraf Jewelers Association, gold rates in the local market moved down to Rs141,700 per tola.

Similarly, 10-gram gold price also decreased by Rs1,200 to Rs121,485.

In the international market, however, gold rates increased by $4 to $1,795 per ounce.

Silver rates fell Rs20 to Rs1,560 per tola. The price of 10-gram silver also decreased by Rs17.16 to Rs1,337.44.

TheNews