The international spot price of gold fell to $4,024 per ounce on Tuesday, marking a $41 decline from the previous session.

The drop in the global benchmark triggered corresponding losses in local markets, with prices in Pakistan retreating by Rs4,100 per tola.

This latest slide extends a period of heightened volatility and downward pressure on precious metals.

Domestic markets in Pakistan have consistently mirrored the softening trend seen in international benchmarks over the past week.

The local tola rate had already retreated by Rs1,000 on Saturday before the more significant drop on Tuesday.

The sustained decline reflects a broader pullback in the sector, with investors adjusting positions amid shifting market sentiment.