Further decline in gold prices

12 Sep, 2008

Gold prices declined further by Rs 700 per tola and Rs 603 per 10 grams in the local market on Thursday, traders said. Gold was traded at Rs 22,000 per tola, which was previously available at Rs 22,700. Gold per 10 grams was quoted at Rs 18,857 per 10 grams going down from Rs 19,460 per 10 grams.
In the world market, gold price was quoted at $742 per ounce from $774 an ounce, posting a decline of $32, according to the price list issued by All Sindh Sarraf and Jewellers Association.

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