Karachi (HRNW)- Gold prices witnessed a notable decline in both the global and local bullion markets, while silver prices moved upward in domestic trading.
According to market reports, the price of gold per ounce in the international bullion market fell sharply by $27, bringing it down to $4,717. Reflecting the global trend, the price of 24-carat gold per tola in Pakistan’s local bullion markets also decreased by Rs2,700, settling at Rs494,062. Meanwhile, the price of gold per 10 grams dropped by Rs2,315 to Rs423,578.
In contrast, silver prices recorded an increase in the local market. The price of silver per tola rose by Rs80 to Rs8,525, while the price of silver per 10 grams increased by Rs68, reaching Rs7,308.
Market analysts say fluctuations in international commodity markets continue to influence precious metal prices locally, keeping investors and traders closely focused on global trends.
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