The local bullion market followed the global lead with a historic drop. The price of 24K gold in Pakistan fell to approximately Rs. 511,862 per tola, marking a staggering cumulative decline of over Rs. 61,000 in just two days.
Markets experienced a sharp shift on February 2, 2026, as a cooling trend hit global commodities while Pakistan’s currency remained in a narrow, stable band.
The correction comes after weeks of record-breaking highs for gold and volatile energy prices.
ADVERTISEMENT
