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Gold Prices Fall by Rs600 Per Tola

KARACHI: The Gold prices on Wednesday fell by Rs600 per tola in the local market and currently trading at Rs87500,

The per tola price of gold reached at 87,500 after witnessing a decrease of Rs500 while the price of 10 grams of gold also declined by Rs472 and currently trading at Rs75017.

Global gold rates, however, saw an $11 decrease today as the yellow metal was traded at $1494.

On the other hand, the rupee rose by 2 paisa against the US dollar in the interbank market on Wednesday.

According to forex dealers, the greenback depreciated by 2 paisa to stand at Rs156.30.