KARACHI: The gold rate in Pakistan decreased by Rs1,300 to Rs277,500 per tola in the local market on Monday (Nov 11).

The price of 10 grams of 24 karat gold also went down by Rs.1,115 to Rs.237,911 from Rs.239,026 whereas that of 10 gram 22 karat gold increased to Rs.218.085 from Rs.219,107.

The price of per tola and ten gram silver remained constant at Rs. 3,300 and Rs. 2,829.21, respectively.

The price of gold in the international market declined by $13 to $2,670 from $2,683, the Association reported.