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Commodities

US-Iran Tensions Send Gold Prices Soaring

Guavy AI Editorial Team
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The ongoing US-Iran negotiations have hit a snag due to President Trump's demand for historical conflict compensation from Tehran. This sudden deadlock has sent shockwaves across global markets, causing precious metal prices to fluctuate wildly.

As tensions escalate, investors are turning to gold and silver as safe-haven assets. In Pakistan, the local Sarafa markets have adjusted prices accordingly, reflecting the international impact of these macroeconomic shocks.

According to current rates, 24K gold is trading at Rs. 4,52,344 per tola, while silver is priced at Rs. 6,537.29 per troy ounce in Pakistan. Internationally, spot gold is hovering around $4,346.67 per troy ounce, and spot silver is trading at $62.803 per troy ounce.

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