Commodities
Stalemate in US-Iran Talks Triggers Volatility in Precious Metals
The ongoing stalemate in US-Iran negotiations has led to significant volatility in precious metals. President Trump's demand for historical conflict compensation from Tehran has effectively frozen the peace talks, crushing any immediate hopes of reopening the Strait of Hormuz.
This sudden deadlock has spiking global oil prices and fueled fresh inflation fears, causing anxious investors to aggressively buy gold and silver as safe-haven assets.
In Pakistan, these international shocks have pushed local gold and silver prices sharply higher. Local Sarafa markets constantly adjust prices to absorb these macroeconomic hits.