The price of 24 karat per tola gold decreased by Rs5,500 and was sold at Rs266,400 on Thursday against its sale at Rs271,900, according to the All Sindh Sarafa Jewellers Association.
The price of 10 grams of 24 karat gold also went down by Rs4,716 to Rs228,395 from Rs233,111 whereas that of 10 grams 22 karat gold decreased to Rs209,362 from Rs213,685.
The price of per tola and 10 grams of silver remained constant at Rs3250 and Rs2,786 respectively.
The price of gold in the international market decreased by $55 to $2,552 from $2,607, the association added.