Karachi: Gold prices on Thursday slumped for the second consecutive day in the local market, traders said.
It plugged by Rs3550 to Rs120650 per tola. This is the second time in a week when the gold prices have nosedived. The price of gold per 10grams also dropped by Rs3043 to Rs103438.
On the world market, gold value was quoted for $1802 an ounce. Silver prices dropped to Rs1460 per tola; Rs1268.86 per 10 grams and $24.11 an ounce, the traders said.
Copyright Business Recorder, 2021