Web desk: After a four day pause gold prices recorded a sharp decline in global and local markets.
In the international bullion market gold fell by 214 dollars per ounce. As a result the new price reached 4850 dollars per ounce.
Meanwhile prices also dropped in local bullion markets. The price of twenty four carat gold per tola fell by 21400 rupees. It now stands at 507762 rupees.
Similarly the price of ten grams of gold dropped by 18347 rupees. The new rate reached 435324 rupees.
At the same time silver prices also declined across the country. The price of silver per tola fell by 1430 rupees and reached 7825 rupees.
Likewise the price of ten grams of silver dropped by 1226 rupees. It now stands at 6708 rupees.
Read more: Is now the right time to sell Gold?
