gold commodities

The government will take strict action against hoarding and overpricing as short-term inflation rose to 11.97 per cent in the week ending Oct 8.

The decline in local gold prices follows a drop in the international rate, impacting daily trading figures.

Local gold prices reflected a decline, while international rates saw a modest drop, affecting silver values too.

The decline in gold and silver prices reflects mixed international movements, impacting local rates for both purity levels.