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Markets Print edition: 2024-08-30

Gold prices slump

Published Updated

KARACHI: The local gold prices on Thursday slumped from the all-time highs with global bullion value hovering near $2500 an ounce, traders said.

Following a two-day closure, gold prices posted a big fall by Rs2,200 and Rs1,886 dislodging from record highs to Rs261,500 per tola and Rs224,194 per 10 grams, respectively.

The domestic silver market remained stable at Rs2,950 per tola and Rs2,529.24 per 10 grams, traders added.

Copyright Business Recorder, 2024

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