Gold drops $149 to $4,156 an ounce as global markets weaken for a second session
International gold prices fell $149 in a day to $4,156 per ounce, marking a notable recent decline. In Pakistan, 24K gold slid a combined Rs17,200 per tola over two sessions to Rs438,036. Silver also weakened, with 24K silver down Rs413 per tola to Rs6,946. The pullback was driven by broad softness across global markets, reflecting cooler safe-haven demand and expectations of potential U.S. dollar strength that weighed on spot precious metals pricing.