Gold prices continued to decline in both international and domestic markets on Tuesday.

According to market data, the international bullion rate fell by $5 to $3,356 per ounce.

In line with the global trend, the domestic price of gold per tola dropped by Rs500 to Rs358,300.

Meanwhile, the rate for 10 grams declined by Rs429 to Rs307,184.

Spot gold was up 0.2% at $3,349.13 per ounce, as of 0904 GMT. US gold futures for December delivery were steady at $3,398.90.

Elsewhere, spot silver gained 0.6% to $37.81 per ounce, platinum rose 0.8% to $1,336.84 and palladium climbed 1.5% to $1,152.68.

Read: Gold falls sharply on US tariff uncertainty

Yesterday, gold prices also recorded a sharp decline, tracking losses in the international market, as investors awaited clarity from the White House over reports of possible US tariffs on imported gold bars as well as key inflation data that could influence the Federal Reserve’s interest rate outlook.