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KARACHI: Gold prices on Friday met another slump on the local market, traders said. The fall of Rs2250 has scaled down the yellow metal price to Rs104450 per tola. Gold prices for 10 grams reduced by Rs1928 to Rs89550 on the domestic market.

The precious metal was quoted selling for $1704 per ounce on the world market. Silver was traded for Rs1340 per tola; Rs1148.83 per 10 grams and $25.60 per ounce, traders said.

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