Gold rates decrease in Pakistan on January 28

• A single tola of 24-karat gold in Pakistan was sold for Rs112,950
  
• 10 grams of 24k gold was sold for Rs96,836 at the closing of trading
  
• 10 grams of 22k gold was traded for Rs88,767

KARACHI: A single tola of 24-karat gold in Pakistan was sold for Rs112,950 on Thursday, January 28, at the closing of the bullion market.

Likewise, 10 grams of 24k gold was sold for Rs96,880 at the closing of trading.

Meanwhile, 10 grams of 22k gold was traded for Rs88,806.

According to the data released by the All Sindh Saraf Jewellers Association on Wednesday, gold prices in the local market decreased by Rs200 per tola.

In the international market too, bullion rates decreased from $8 to $1,846/ounce. Jewellers claimed the prices in the local market remained Rs1,000/tola lower, compared with the Dubai gold market.

Read more: Gold rates decrease in Pakistan on January 27

However, silver rates remained unchanged at Rs1,300/tola. The rate of 10 grams silver also stood the same at Rs1,114.54, it added.