Gold with a 24-karat purity level has dropped by Rs1200/tola on the local market.
Each tola of 24-karat gold is now selling for Rs240,700, with a further drop of Rs1029 bringing the price of 10 kilos of gold to Rs206,361. These figures are courtesy of the All Sarafa and Jewelers Association.
Meanwhile, after a $2 decline on the global market, one ounce of gold will be valued $2315.
A tola of gold was worth Rs 600 more on Wednesday.
