Gold prices remained stable in the local market on Tuesday, while silver rates witnessed a decline, according to the rates issued by the All Pakistan Sarafa Gems and Jewellers Association.

ISLAMABAD, Nov 3 (APP): Gold prices remained stable in the local market on Tuesday, while silver rates witnessed a decline, according to the rates issued by the All Pakistan Sarafa Gems and Jewellers Association.

According to the association, the price of 24-karat gold per tola stood at Rs412,136, while 10-gram 24-karat gold was traded at Rs353,340.

Similarly, the price of 10-gram 22-karat gold remained unchanged at Rs323,906.

In the international market, gold was recorded at $3,896 per ounce, with no change in its price.

Meanwhile, silver prices registered a decline of Rs120 per tola to settle at Rs5,368, while the price of 10-gram silver decreased by Rs103 to Rs4,602.

In the international market, silver was quoted at $48.90 per ounce, down by $1.20.

The association stated that the gold rates were based on interbank exchange rates, with purity of 999.0 (24 karat).