Gold and silver prices retreated further on Friday, extending a multi-day period of weakness across global bullion markets.

The decline marks another step down for precious metals, which have faced persistent selling pressure since the weekend.

In the domestic market, gold prices fell by Rs 3,100 per tola (11.66 grams), while silver dropped by Rs 125 per tola.

These local spot movements mirror the broader international trend, where both metals have struggled to find a floor amid shifting macroeconomic expectations.

The continued slide reflects ongoing risk-off sentiment among investors, who have been rotating out of non-yielding assets.

Previous sessions saw similar declines, with both Saturday and Monday trading characterized by broad-based selling across precious metals.