KARACHI: Another slump hit the local gold market on Monday, traders said. The precious metal saw a sizeable fall of Rs 950 to Rs 104,450 per tola.

Gold price per 10 gram also dropped by Rs 814 to Rs 89,550.

The world market was quoted selling yellow metal for $1756 per ounce.

Silver was traded for Rs 1,360 per tola, Rs 1165.98 per 10 gram and $24.88 per ounce, traders said.

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