Gold price plunges by 800, traded at Rs 71, 300 per tola

ISLAMABAD, May 22: According to Karachi Sarafa Association, the price of 24 karat gold decreased by Rs 800 on Wednesday and was traded at Rs 71, 300 per tola as compared to the last closing at Rs 72,100.

The price of 10 gram gold also witnessed decrease of Rs 686 and was traded at Rs 61,128 against Rs 61,814 of last day.

The price of silver remained constant and was traded at Rs 870 per tola and that of 10 grams silver was traded at Rs 745.88.

According to the Rawalpindi-Islamabad local Sarafa Association, the per tola price of 24-karat gold in the twin cities of Rawalpindi and Islamabad remained constant at Rs 70,500 and that of 10 grams gold was traded at Rs 60,440.

In international market, the price of per ounce gold decreased by $2 and was traded at $1274 as compared to the last closing at $1276.

(APP)