Gold and Silver Prices Drop Sharply in Local and Global Markets

Karachi (HRNW)- The prices of gold and silver in the global and local markets continue to decline. The price of gold per ounce in the international market has dropped by $215 to $4,676.

The price of gold in the country has also been affected, after which the price of gold per tola has dropped by Rs21,500 to Rs490,362. The price of gold per 10 grams has dropped by Rs18,433 to Rs420,406.

A decline was also recorded in the prices of silver, after which the price of silver per tola has dropped by Rs601 to Rs8,504, while the price of silver per 10 grams has dropped by Rs516 to Rs7,205.

Trade experts say that fluctuations in gold prices in the global market have a direct impact on local prices in the country.

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