Gold prices drop again in local market after brief pause

Karachi: Following a one-day pause, the trend of falling gold prices resumed on Friday in local bullion markets, driven by a $15 drop in the international bullion market where the price of gold per ounce fell to $3,335.

In the local bullion market, the price of 24-karat gold per tola decreased by Rs1,500, bringing it down to Rs355,500.

Similarly, the price of 10 grams of gold declined by Rs1,286, settling at Rs304,783.

On the other hand, the price of silver remained unchanged, with per tola silver steady at Rs3,871, and 10 grams of silver also stable at Rs3,318.