Gold prices in Pakistan fell by Rs2,500 per tola on Tuesday, mirroring a pullback in international markets where the global benchmark dropped $25 to settle at $4,125 per ounce.
The decline marks a continuation of the selling pressure that has weighed on precious metals in the region over the past few days.
While the World Gold Council recently raised its 2026 target to $4,100, citing a shift in sentiment, short-term volatility remains high as markets digest recent macroeconomic data and geopolitical developments.
The local market movement tracked losses in international benchmarks, reflecting sustained weakness in global sentiment.
This follows a sharper correction earlier in the week, when prices in Pakistan had already slid by Rs5,200 per tola, extending a steep downward trajectory that began the previous day.
The persistent drop in gold values comes as investors navigate shifting risk appetites and fluctuating currency dynamics.
While the World Gold Council recently raised its 2026 target to $4,100, citing a shift in sentiment, short-term volatility remains high as markets digest recent macroeconomic data and geopolitical developments.
Traders are now watching for signs of stabilization in the international spot price, which could provide a floor for local rates.
Any further weakness in global benchmarks is likely to translate directly into additional losses for Pakistani investors, who have seen significant erosion in the value of their holdings over the past week.