US-Iran Tensions Spark Gold and Silver Surge
US-Iran negotiations have stalled, causing massive volatility in precious metals. President Trump's demand for historical conflict compensation from Tehran has effectively frozen ongoing peace talks.
The sudden deadlock has crushed any immediate hope of reopening the Strait of Hormuz, leading to spiking global oil prices and fueling fresh inflation fears.
Anxious investors are aggressively buying gold and silver as safe-haven assets in response to the escalating tensions.
In Pakistan, these international shocks have pushed local gold and silver prices sharply higher, with Sarafa markets constantly adjusting prices to absorb the macroeconomic hits.