Gold prices dip in global, local markets

Karachi: The gold prices have declined in global and local markets on Friday.

As the price of gold per ounce in the international bullion market fell by $10 to $3,740, the trend of decreasing gold and silver prices continued in the local bullion markets on Friday.

At the local level, the price of 24-carat gold per tola declined by Rs1,000 to Rs395,800, while the price of gold per 10 grams also fell by Rs858 to Rs339,334.

Similarly, the price of silver per tola reduced by Rs64 to Rs4,599 and the price of silver per 10 grams also fell by Rs55 to Rs3,942.