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KARACHI: Gold prices - locally and internationally declined from all-time highs on Wednesday as global bullion value receded below $2,900 per ounce, traders said.

Down by Rs1,600 and Rs1,372, gold prices reduced from a record high to Rs301,500 per tola and Rs258,487 per 10 grams, respectively, All Pakistan Sarafa Gems and Jewellers Association said.

On the world market, gold bullion value fell by $16, dislodging from a historic high to $2,888 per ounce and silver was available for $32 per ounce.

Locally, silver prices held steady at Rs3,312 per tola and Rs2,839 per 10 grams, according to the association. Gold and silver prices may fluctuate on the open market.

Copyright Business Recorder, 2025

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