The jewellers association in Pakistan has announced the latest gold rates for January 11, indicating an decrease of Rs300 per tola or 11 grams in the price.

All Sindh Sarafa Jewellers Association said on Tuesday that the rate of 10 grams of gold decreased by Rs257 and now the price stands at Rs185,271.

After the price change, one tola of gold in the country is now selling for Rs216,100.

In the international market, gold fell by $3 to reach $2,047 per ounce.