Gold price fell by 1200 per tola.
Gold prices decreased by Rs1,200 to Rs86,600 per tola in the local market on Saturday.
As per the details, per tola rate of the precious yellow metal fell to Rs86,600 from Rs87,700.
The price of 10 grams gold decreased by Rs1,028 to Rs74,245.
The decrease in domestic gold rates is ascribed to worldwide cost of yellow metal seeing a drop of $17/ounce and settling at $1,489.
The per tola cost of gold cut by Rs300 and was exchanged at Rs 87,700 a day or two ago.
The cost of 10-gram gold likewise saw a reduction of Rs 256 and was exchanged at Rs 75,531.
The cost of silver bobbed by Rs 20 and was exchanged at Rs 1110 against Rs 1090 for every tola and that of 10 gram silver picked up Rs 17.14 and was exchanged at Rs 951.64 against Rs 934.50 of a day ago.