Gold price dips by 500, traded at Rs 70, 400 per tola

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ISLAMABAD, May 24 (APP): According to Karachi Sarafa Association the price of 24 karat gold dipped by Rs 500 on Friday and was traded at Rs 70,400 per tola as compared to the last closing at Rs 70,900.

The price of 10 gram gold also witnessed decrease of Rs 428 and was traded at Rs 60,357 against Rs 60,785 of last day.

However, the price of silver remained constant and was traded at Rs870 per tola and that of 10 grams silver was traded at Rs745.88.

The Rawalpindi-Islamabad local Sarafa market remains close on Friday as weekly off day and the price of 24-karat gold remain unchanged at Rs 70,500 and that of 10 grams gold was traded at Rs 60,440.

Moreover, in international market the price of per ounce gold increased by $5 and was traded at $1282 as compared to the last closing at $1277.

VNS, Islamabad