KARACHI: Gold price on Wednesday dipped by Rs 200 per tola on the local market, traders said.

The fresh fall of Rs 200 in the yellow metal price on the local market, pulled its value down to Rs 113,000 per tola.

Gold price per 10 grams also dropped by Rs 170 to Rs 96,880 on the domestic market.

Gold was quoted trading for $1846 per ounce, down by $8 on the world market.

Silver was available for Rs 1300 per tola, Rs 1114.54 per 10 grams, and $25.35 per ounce, traders said.

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