Gold, sliver prices drop sharply

International futures prices of gold and silver plunged during Thursday trading, dropping over five percent and eight percent, respectively.

As the tensions in the Middle East persist and inflation escalates, global markets are under pressure. COMEX gold futures dipped by 5.93 percent to 4,605.70 U.S. dollars per ounce, and silver futures plummeted by 8.22 percent to 71.215 dollars per ounce.

Gold, sliver prices drop sharply

Hong Kong's stock market ended lower on Thursday with the benchmark Hang Seng Index down 1.03 percent to close at 25,386.52 points.

The Hang Seng China Enterprises Index dropped 1.51 percent to end at 8,475.32 points, while the Hang Seng Tech Index decreased 2.15 percent to end at 4,768.90 points.

Hong Kong's Hang Seng Index closes 1.03 pct lower