Business

Gold, silver prices decline sharply in bullion market

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Abdul khalique

KARACHI: In the latest trading session, gold prices continued their decline, reflecting trends in the international bullion market.

The international price of gold per ounce fell by $71, settling at $5,105. Correspondingly, in the local market, the price of gold per tola dropped by Rs7,100 to Rs533,262, while the price per ten grams fell by Rs6,087 to Rs457,186.

Silver also saw a decrease, with the price per tola falling by Rs324 to Rs8,851, and the price per ten grams dropping by Rs278 to Rs7,588.

Notably, gold prices had already dropped by Rs2,900 per tola in the previous session, indicating a continuing downward trend in precious metal values.

Abdul khalique

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