Gold and silver prices in Pakistan experienced a major single-day drop on February 2, 2026, marking the latest volatility in the precious metals market.
Traders said this decline reflects global market trends, currency fluctuations, and investor sentiment, causing sharp movements in local rates.
Gold Prices Fall
Gold prices fell to [insert latest rate, if available] per tola, continuing the downward trend seen in recent weeks. Analysts attribute the fall to a combination of stronger dollar demand and reduced global gold buying.
Moreover, speculative trading has added to the volatility, making daily price swings more pronounced.
Silver Also Declines
Silver mirrored gold’s decline, dropping to [insert latest rate, if available] per tola/ounce. Experts note that industrial demand, alongside investment trends, directly affects silver prices in the local market.
In addition, currency fluctuations in Pakistan have amplified the impact on domestic silver rates.
Investor Advice
Financial advisors urge investors to stay calm and monitor trends, rather than make hasty purchases or sales during sudden price swings.
Furthermore, keeping track of international markets, the dollar rate, and geopolitical developments can help investors make informed decisions.
Outlook
Precious metal experts suggest that while short-term volatility may continue, long-term demand for gold and silver remains strong, driven by inflation hedging and global uncertainty.
Overall, the February 2 drop highlights the need for careful market observation and strategic investment planning.
Stay with Faiz.tv for live updates on gold, silver, and market trends in Pakistan.
