KARACHI (Dunya News) - Gold prices witnessed a significant decline in both international and local markets on Wednesday, continuing a volatile trend seen over the past few days.
In the international bullion market, the price of gold per ounce fell by $126.27, bringing it down to the $4,200 level.
Following the global trend, local gold markets also recorded a sharp decrease. The price of 24-karat gold per tola dropped by Rs12,627, settling at Rs442,436.
Market analysts noted that this follows earlier declines recorded on June 6 and June 8, when both global and domestic gold prices also showed downward movement.
The latest drop reflects ongoing fluctuations in global commodity markets, which continue to influence domestic pricing trends.