Gold prices in Pakistan dropped sharply on Tuesday, falling by Rs10,400 per tola in line with losses seen in international markets.
The decline reflects a broader pullback in precious metals, with local traders adjusting valuations to match global spot trends.
Silver prices also retreated, decreasing by Rs487 to reach Rs6,664 per tola.
The synchronized drop across both metals underscores the influence of global market dynamics on regional pricing, particularly in markets where local currency fluctuations and import costs play a significant role.
The move follows a period of volatility in precious metals, with gold prices recently hitting a two-month low driven by renewed uncertainty over geopolitical tensions and a strengthening US dollar.
These factors have weighed on safe-haven demand, pushing prices lower across major exchanges.