Gold sold for Rs113,200 per tola in Pakistan on January 12

• 10 grams of 22k gold was traded for Rs88,963, while one tola of 22k gold was traded for Rs103,766.
• A day earlier, gold rates in the local market decreased by Rs100 per tola
• The rate of 10-gram silver also remained the same at Rs1,114.54.

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KARACHI: A single tola of 24-karat gold in Pakistan is being sold for Rs113,200 on Tuesday, January 12, at the opening of the bullion market.

Likewise, 10 grams of 24k gold was sold for Rs97,051 at the opening of trading.

Meanwhile, 10 grams of 22k gold was traded for Rs88,963, while one tola of 22k gold was traded for Rs103,766.

Read More: Dollar Rate In Pakistan On January 12th

A day earlier, gold rates in the local market decreased by Rs100 per tola.

According to data released by All Sindh Saraf Jewellers Association, gold rates in the local market lowered to Rs113,200 per tola. Similarly, the price of 10-gram gold dropped by Rs85 to Rs97,051.

In the international market, gold rates remained unchanged at $1,850 per ounce. 

Local jewellers said that gold prices in the local market remained Rs1,000 per tola below the rates in the Dubai gold market. Silver rates stood unchanged at Rs1,300 per tola. 

The rate of 10-gram silver also remained the same at Rs1,114.54.