KARACHI: Gold prices on Tuesday fell by Rs450 per tola on the local market, traders said.

The fresh fall of Rs450 in the yellow metal price has brought down its value to Rs112850 per tola. Prices of gold per 10 grams also dropped by Rs386 to Rs96750 on the domestic market, they said.

Gold was quoted trading for $1850 per ounce, down by $10 on the world market.

Silver was available for Rs1400 per tola, down by Rs30; Rs1200.27 per 10 grams, down by Rs25.73 and $27.73 per ounce, traders said.

Copyright Business Recorder, 2021