Gold prices in Pakistan fell sharply on Tuesday following a significant decline in the international bullion market, continuing the recent volatility in both global and local gold rates.

According to the All Pakistan Gems and Jewellers Association, the price of 24-karat gold per tola dropped by Rs3,000, while the price of 10 grams of gold decreased by Rs2,572.

With the latest revision, per tola gold now stands at Rs351,500, and the price of 10 grams has settled at Rs301,354 in domestic markets.

In the international market, gold prices also saw a major drop. The price of gold per ounce fell by $33, bringing it down to $3,292.

The consistent fluctuation in gold prices is being closely watched by investors and traders, as global economic trends and market sentiment continue to impact precious metal valuations.