KARACHI: Gold prices on Thursday continued to slump on the local market, traders said.

They nosedived by Rs3300 to Rs194700 per tola and Rs2829 to Rs166924 per 10 grams.

Gold prices on the world market were quoted for $1882 per ounce.

Silver prices also dropped by Rs40 to Rs2130 per tola and Rs34.29 to Rs1826.13 per 10 grams, traders said.

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