Karachi (Web Desk): The price of 24 karat gold saw a reduction of Rs900, with the new rate standing at Rs298,700 on Thursday, down from Rs299,600 the previous day.
According to the All Sindh Sarafa Jewellers Association (ASSJA), the price of 10 grams of 24 karat gold fell by Rs772, reaching Rs256,087 from Rs256,859.
Meanwhile, the cost of 10 grams of 22 karat gold dropped by Rs700, settling at Rs234,754 from Rs235,454.
The silver market also experienced a slight decline, with the price of one tola of silver decreasing by Rs23 to Rs3,327. The price for 10 grams of silver went down by Rs20, now priced at Rs2,852.
In the international markets, gold prices fell by $9, moving from $2,868 to $2,859.