In the local market, the price per tola reached Rs317,800 after it shed Rs800.

Similarly, 10-gram gold was sold at Rs272,462 after it registered a decrease of Rs686, as per All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Monday, the price per tola rose by Rs600 to settle at Rs318,600.

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The international rate of gold also decreased on Tuesday.

As per APGJSA, the rate was at $3,021 per ounce (with a premium of $20), a decline of $6 during the day.

Moreover, the price of silver remained unchanged at Rs3,475 per tola in Pakistan.