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Local and international gold prices recorded a significant decline, with the price of gold per tola falling by Rs9,720 to Rs432,716 on Thursday.
According to market data, the price of 10 grams of gold decreased by Rs8,748, bringing it down to Rs369,422.
In the international market, gold prices fell by $40 per ounce, reaching $6,889 per ounce.
The decline in global gold rates was reflected in the domestic market, leading to a notable drop in local gold prices.