Gold price drops to Rs111,800 per tola

ISLAMABAD: The price of 24-karat gold decreased by Rs700 on Friday and was traded at Rs111,800, as against its previous day’s price at Rs112,500.

Likewise, the price of 10-gram gold decreased by Rs601 and was traded at Rs95,850 against its sale at Rs96,451, Karachi Sarafa Association reported.

The price of per-tola silver remained unchanged at Rs1,150, while that of 10-gram silver also remained static at 98,594.

Gold price in the international market increased by $2 and was traded at $1859 against $1857, the association reported.