Iran-US Impasse Sparks Precious Metal Surge
The recent stalemate in US-Iran negotiations has sent shockwaves through global markets, causing a surge in precious metal prices. President Trump's demand for historical conflict compensation from Tehran has effectively frozen ongoing peace talks, crushing any hope of reopening the Strait of Hormuz and fueling fresh inflation fears.
This volatility has led anxious investors to aggressively buy gold and silver as safe-haven assets, pushing local gold and silver prices sharply higher in Pakistan. The country's Sarafa markets are constantly adjusting prices to absorb these macroeconomic hits.