KARACHI: Gold prices on Tuesday nosedived from the historic highs on the local market, traders said. They slumped by Rs9000 to Rs201500 per tola and Rs7716 to Rs172754 per 10 grams.

Gold prices on the world market were quoted for $1902 per ounce. Silver prices dropped by Rs50 to Rs2250 per tola and Rs42.88 to Rs1929 per 10 grams, traders said.

Copyright Business Recorder, 2023