Gold rates in Pakistan on January 23

• 10 grams of 24k gold was sold for Rs96,708 at the opening of trading.
  
• On Friday, gold rates in the local market had decreased Rs600/tola.
  
• In the international market, bullion rates decreased from $25 to $1,845/ounce.
  

KARACHI: A single tola of 24-karat gold in Pakistan was sold for Rs112,800 on Saturday, January 23, at the opening of the bullion market.

Likewise, 10 grams of 24k gold was sold for Rs96,708 at the opening of trading.

Meanwhile, 10 grams of 22k gold was traded for Rs88,649, while one tola of 22k gold was traded for Rs103,400.

On Friday, gold rates in the local market decreased Rs600/tola, according to the data released by the All Sindh Saraf Jewellers Association.

In the international market, bullion rates decreased from $25 to $1,845/ounce.

Read more: Gold traded at Rs112,800 per tola in Pakistan on January 22

Jewellers claimed gold rates in the local market remained Rs1,000/tola lower, compared with the prices in the Dubai gold market. 

However, silver rates continued to remain unchanged at Rs1,300/tola. 

The rate of 10 grams silver also stood the same at Rs1,114.54, it added.