February 4, 2020 (MLN): Gold prices on Tuesday dropped by Rs 350 to Rs 90,700 per 12 gram in the market due to a decrease in demand. The valuable yellow metal had closed at Rs 91,050 per 12 gram on Monday.
According to the Karachi Sarafa Association, gold price per 10 gram was recorded at Rs 77,761, down by Rs 300 from Rs78,061 per 10 gram in the previous trading session.
Whereas, the silver prices remained flat and closed at Rs 1,000 per 12 gram. Similarly, 10-gram silver remained stable at Rs 857.33.
In the international market, gold was trading lower by $9 to $1,570 per ounce, while silver was valued at $17.74 per ounce.
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