KARACHI: Gold prices on Wednesday rebounded on the local market but silver declined, traders said.

Gold was traded for Rs234400 per tola and Rs200960 per 10 grams after regaining its value by Rs1600 and Rs1372, separately. Silver lost Rs50 to reach Rs2800 per tola and Rs42.87 to Rs2400.54 per 10 grams.

Traders quoted gold prices for $1960 per ounce and silver for $23 30 per ounce On the global market.

Copyright Business Recorder, 2023