Pakistan, July 17 -- Gold prices dropped on Thursday in both international and domestic markets, reflecting a slight downward trend in precious metals. The global gold rate fell by $9 per ounce, bringing the price to $3,326 in the international bullion market.

Locally, the price of gold per tola (11.66 grams) declined by Rs900, now standing at Rs355,100. Similarly, the price for 10 grams of gold dropped by Rs771, settling at Rs304,441, according to market sources.

This dip in gold rates came alongside declines in other precious metals. Spot gold was trading 0.6% lower at $3,335.77 per ounce. Spot silver also slipped 0.4%, bringing its price to $37.77 per ounce.

In addition, platinum fell by 0.3% to $1,412.78, while palladium edged down...