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KARACHI: Gold prices fell from record highs locally and globally on Monday with the international bullion value dropping near $2600 per ounce, traders said.
At the week open, gold prices declined by Rs600 and Rs471, dislodging from the all-time highs to Rs271, 900 per tola and Rs233, 110 per 10 grams, respectively.
Gold bullion lost a little ground on the world market, dipping by $5 from a record surge to $2617 per ounce with silver trading at over $30 per ounce, traders said.
However, silver prices remained steady on the local market, selling at the unchanged Rs2950 per tola and Rs2529.14 per 10 grams, traders added.
Copyright Business Recorder, 2024
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