KARACHI: Gold prices on Wednesday met another single day big fall on the local market, traders said.

The fresh slump of Rs2800 pulled down gold price to Rs102900 per tola.

Gold per 10 grams nosedived by Rs2401 to Rs88220 on the domestic market.

The precious metal was quoted selling for $1685 per ounce on the world market.

Silver was traded for Rs1320 per tola, down by Rs40; Rs1131.68 per 10 grams, down by Rs34.30 and $24.08 per ounce, traders said.Brecorder