— Reuters/File
  • Domestic gold prices settle at Rs125,300 per tola.
  • Cumulatively, gold gains Rs850 per tola in local market during the week.
  • Price of silver remains unchanged at Rs1,460 per tola.

KARACHI: The price of gold in the domestic market fell by Rs550 per tola and Rs472 per 10 grams on Saturday, in line with the international market.

Domestic gold prices settled at Rs125,300 per tola and Rs107,424 per 10 grams owing to a declining trend in global rates.

A day earlier, gold prices in the local bullion market rose by Rs750 per tola and Rs643 per 10 grams to reach Rs125,850 per tola and Rs107,896 per 10 grams.

Cumulatively, the yellow metal gained Rs850 per tola in the local market during the week ended December 18.

The international gold price dropped by $10 per ounce to $1,799 today.

Meanwhile, silver prices in the domestic market remained unchanged at Rs1,460 per tola and Rs1,251.71 per 10 grams.

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