Gold slips further by Rs1,350 per tola

MG News | November 16, 2021 at 05:12 PM GMT+05:00

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November 16, 2021 (MLN): The gold rates continued to slip in the domestic bullion market on Tuesday, as the price of 24 karat per tola gold witnessed a decrease of Rs1,350 and was sold at Rs 124,850 against its sale at Rs126,200 the previous day, Karachi Sarafa and Jewellers Association reported.

The price of 10-gram 24 karat gold also dropped by Rs1,157 to Rs107,039 against its sale at Rs1,629, whereas 10-gram 22 karat went down to Rs98,119 compared to Rs99,180 om Monday.

On the other hand, the price of per tola and 10-gram silver remained static at Rs1480 and Rs1268.86 respectively.

In the international market, gold price declined by $11 and reached $1,874 an ounce against its sale at $1,863, the association reported.

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