Gold prices drop in both local and international markets

Karachi: Gold prices have experienced a noticeable decline in both the local and international markets, reflecting the ongoing fluctuations in the precious metals sector.

In the local bullion market, the price of gold per tola saw a decrease of 1,700 rupees, bringing it down to 274,500 rupees. Similarly, the price of gold per 10 grams dropped by 1,457 rupees, now standing at 235,340 rupees.

On the international front, the price of gold per ounce fell by 17 dollars, closing at 2,633 dollars.

Despite the decline in gold prices, the price of silver per tola remains unchanged, holding steady at 3,400 rupees in the local market.