Gold prices in Pakistan fell by Rs5,200 per tola on Wednesday, extending a steep downward trajectory that began the previous day.
The local market movement tracked losses in international benchmarks, reflecting sustained selling pressure across global precious metals markets.
Silver also retreated, dropping Rs107 to reach Rs6,242 per tola.
The coordinated decline across both metals underscores the breadth of the current market correction, which has seen investors reduce exposure to safe-haven assets amid shifting macroeconomic expectations.
This Wednesday's drop follows a more severe decline on Tuesday, when gold prices in Pakistan plummeted by Rs10,400 per tola.
That initial sell-off mirrored a significant downturn in international precious metals, signaling a broader pullback in the sector rather than isolated local volatility.