Gold prices witnessed a sharp decline in both local and international markets, with the price of one tola falling by Rs10,400 to Rs432,236 on Tuesday.

The price of 10 grams of gold dropped by Rs9,360 to Rs338,575 in the local market.

In the international market, gold prices declined by $104 per ounce, bringing the global rate down to $4,098 per ounce.