Gold prices decline in Karachi and global markets

Karachi: Gold prices have witnessed a decrease in both global and local markets. In Karachi, the price of 24-karat gold per tola dropped by 700 rupees, bringing it down to 275,200 rupees. Similarly, the price of 10 grams of gold fell by 600 rupees, now standing at 235,940 rupees.

On the global front, the price of gold per ounce dropped by 7 dollars, recording 2,640 dollars in the international market.

Meanwhile, the price of silver remained unchanged, with the per tola price still steady at 3,400 rupees in Karachi.

The drop in gold prices comes amid fluctuating market conditions, influencing both local and international gold markets.