Silver soars, gold falls

KARACHI: Silver prices further rose to a new record level but gold lost pace, falling from an historic height on Tuesday, mirroring an international downtrend, traders said.

Gold declined from all-time high, now trading at Rs530,562 per tola and Rs454,871 per 10 grams, losing Rs1,500 and Rs1,286, All Pakistan Sarafa Gems and Jewellers Association said.

Domestic silver was selling at fresh high of Rs11,640 per tola and Rs9,979 per 10 grams, up by Rs212 and Rs182, respectively, the association added.

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