KARACHI: Gold prices on Thursday slowed down its momentum on the local market, traders said.

The fall of Rs350 has scaled back the yellow metal price to Rs106850 per tola. Gold per 10 grams reduced by Rs300 to Rs91607 on the domestic market.

The precious metal was quoted selling for $1730 per ounce on the world market.

Silver was traded for Rs1370 per tola; Rs1174.55 per 10 grams and $24.90 per ounce, traders said.

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