Gold prices in Pakistan dropped heavily for the second day of the business week. The price per tola fell by 2,200 rupees to 2 lakh 5 thousand rupees, while the price of ten grams declined by 1,887 rupees to 1 lakh 75 thousand 754 rupees. The slide extends a sharp correction that began a day earlier, when gold per tola had plunged by 8,800 rupees. Taken together, the two sessions have erased 11,000 rupees from the per tola price, marking one of the steepest two day pullbacks in recent trading. The back to back declines leave buyers who purchased at higher levels facing paper losses, while prospective purchasers watching from the sidelines may see an opening. Local dealers typically adjust retail quotes in line with these published rates, so the drop should reflect quickly in shop prices across major markets. The metal's direction in coming sessions will show whether this is a brief correction or the start of a longer retreat. For now, the market's attention is fixed on whether the next trading day brings stabilization or a third straight decline.
mwrana
October 9, 2026
