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Markets Print edition: 2024-07-20

Gold prices lower

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KARACHI: The local gold market on Friday saw a slump with the global bullion value falling close to $2400 an ounce, traders said.

After losing Rs3000, gold was dislodged from the all-time highs to Rs251, 000 per tola and Rs215,192 per 10 grams, down by Rs2572.

On the world market, bullion value receded by $55 to $2415 an ounce with silver standing at $29.25 an ounce, traders quoted.

The domestic silver prices declined by Rs50 and Rs43 to reach Rs2850 per tola and Rs2443.41 per 10 grams, respectively, traders added.

Copyright Business Recorder, 2024

Gold Gold Prices gold market gold spot rate Pakistan gold rate

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