Gold prices fell on Saturday, with the international spot benchmark dropping $37 to settle at $4,043 per ounce.

The decline reflects a broader pullback in precious metals markets, extending a recent trend of downward pressure on the asset.

In Pakistan, the local market mirrored the global slide.

The price of gold per tola decreased by Rs3,700, continuing a pattern of domestic rates tracking international benchmarks closely.

This follows a series of recent declines, including a Rs4,700 drop per tola earlier in the week and a Rs3,800 retreat on Monday, when 24-karat bullion settled at Rs429,736.

The sustained downward movement suggests weakening momentum for gold after a period of elevated pricing.