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The price of gold and silver continues to decline in the global and local markets. According to local Sarafa market, 24-karat gold per tola fell by Rs 25,500 to Rs 511,862, while the price of 10 grams of 24-karat gold fell by Rs 21,862 to Rs 438,839. On the other hand, a significant decline was also seen in silver prices, where 24-karat silver per tola fell by Rs 2,063 to Rs 9,006. In addition, gold in the international market fell by $255 to $4,895 per ounce.