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LAHORE, Nov 15 (APP):Gold prices have experienced a significant dip for the second consecutive day, following a drop in global rates, on Saturday.
According to sources from the local Jewellers Association, the price of per tola gold plummeted by Rs9,100, closing the business week at Rs430,662. Meanwhile, the price of 10-gram gold also saw a decrease of Rs7,799, bringing it down to Rs369,223 in the local market.
This decline in local gold prices mirrors a substantial drop in the international bullion market, where the per ounce price fell by $91, now hovering around $4,083. The ongoing decrease in gold prices reflects broader trends in the global precious metals market.