Volatility in precious metals is being driven by stalled talks between the United States and Iran. President Trump has recently asked Tehran for compensation for past conflicts, a move that halts the peace process. The abrupt impasse removes any short-term chance of reopening the Strait of Hormuz, pushing global oil prices higher and reviving inflation concerns. Investors, uneasy about the outlook, are turning to gold and silver for safety, which in turn lifts local Pakistani prices as market makers adjust to the macro shocks.
Today's rates for gold and silver in Pakistan are listed below:
| Metal (24K) | Per Tola | 10 Grams | 1 Gram |
|---|---|---|---|
| Gold | Rs. 419,500 | Rs. 359,659.80 | Rs. 35,965.98 |
| Silver | Rs. 6,052 | Rs. 5,187 | Rs. 518.70 |
International spot prices for the day are as follows:
| Spot Gold | Spot Silver |
| $4,063.42 per troy ounce | $65 per troy ounce |
Readers can also review earlier metal prices here: Gold & Silver Prices Up As Market Opens Today
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