Gold, silver prices decline in global and local markets

In the local market, the price of gold per tola dropped by Rs1, 800, reaching Rs522, 762.

Gold
Gold

KARACHI: The prices of gold and silver recorded a decline in both international and domestic markets.

In the international bullion market, the price of gold fell by $18 per ounce, bringing it down to around $5,000 per ounce.

In the local market, the price of gold per tola dropped by Rs1, 800, reaching Rs522, 762. Similarly, the price of 10 grams of gold decreased by Rs1, 543 to Rs448, 184.

Silver prices also witnessed a decline. The price of silver per tola fell by Rs100 to Rs8, 441, while the price of 10 grams of silver dropped by Rs86 to Rs7, 236.

Market analysts attribute the decline to fluctuations in global bullion trends and investor sentiment.