Gold prices in Pakistan retreated on Saturday, with the local tola rate dropping by Rs1,000 as domestic markets mirrored a softening trend in international benchmarks.
The decline follows a period of heightened volatility in the precious metals sector, where local pricing has remained tightly coupled with global spot movements.
The international spot price of gold fell by $10 to reach $4,088 per ounce, according to market data cited by Brecorder.
The international spot price of gold fell by $10 to reach $4,088 per ounce, according to market data cited by Brecorder.
This modest pullback contrasts with the severe correction seen earlier in the week, when local prices in Pakistan plunged by Rs10,400 per tola on Tuesday.
That earlier sharp decline reflected a broader downturn in global precious metals, which has since stabilized into a more gradual downward drift.
The current pricing action suggests that the initial shock to the market has been largely absorbed, with traders adjusting to the new lower equilibrium.