Gold prices fall in global, local markets

$17 per ounce
Islamabad
Gold prices continued to decline in both international and local markets on Thursday. In the global bullion market, the price of gold fell by $17 per ounce, bringing it down to $4,191. After the international trend, domestic gold prices also recorded a sharp drop. The price of one tola fell by Rs1,700, reaching Rs441,462. Similarly, the price of 10 grams of gold decreased by Rs1,457, settling at Rs378,482.
Spot gold slipped 0.2% to $4,199.06 per ounce, as of 1141 GMT. U.S. gold futures for February delivery were down 0.1% at $4,229 per ounce.