The price of 10 grams of 24 karat gold declined by Rs. 257, falling to Rs. 229,510 from Rs. 229,767, while the price of 10 grams of 22 carat gold reduced to Rs. 210,384 from Rs. 210,620, according to the All Sindh Sarafa Jewellers Association.
The prices of per tola and ten-gram silver remained constant at Rs.2,950 and Rs.2,529.14, respectively.
The Association reported a decline in the international gold price by $18, falling from $2,587 to $2,569.
On September 16, gold prices in Pakistan continued to rise, reflecting the increase in the international market, as reported by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
The local market witnessed a surge in the price of gold per tola, increasing by Rs1,700 to reach Rs268,000. Likewise, 10-gram gold was transacted at Rs229,767 following a rise of Rs1,458.
Simultaneously, the global rate was noted at $2,587 per ounce, while silver prices remained consistent at Rs2,950 per tola.