Gold prices in Pakistan witnessed a decline on Thursday, June 18, 2026. The drop followed a weakening trend in the international bullion market. This came amid easing geopolitical tensions in the Middle East.
The decline in Gold prices was linked to improved global investor sentiment. This followed diplomatic developments between the United States and Iran. Both sides agreed to extend their ceasefire and reopen key trade routes.
According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24-karat gold per tola fell by Rs2,300. It settled at Rs452,936 in the local market.
Similarly, 10 grams of 24-karat gold also became cheaper. It dropped by Rs2,070 and reached Rs387,615. This shows a clear downward trend in domestic Gold prices.
In the international market, gold also recorded losses. The price fell by $23 per ounce and settled at $4,305. This global movement directly influenced local rates in Pakistan.
Silver prices also followed a similar pattern. The price per tola of silver dropped by Rs144 to reach Rs7,359 in the local market.
Market experts say the fall in Gold prices is mainly due to reduced demand for safe-haven assets. Investors are now showing more confidence after signs of political stability in the region.
The easing of tensions has reduced uncertainty in global markets. As a result, demand for gold as a secure investment has weakened.
Despite the short-term decline, analysts remain positive about long-term trends. They believe gold will continue to play an important role during inflation and economic uncertainty.
Investors are closely watching developments in the Middle East. Any new political changes may again affect global Gold prices in the coming weeks.
Meanwhile, government officials welcomed the recent diplomatic progress. They described it as a positive step toward regional peace and economic stability.
In other news read more about Gold Prices Surge in Pakistan as Rate Jumps Over Rs10,000 Per Tola
Overall, the movement in Gold prices reflects global market reactions to improving geopolitical conditions. Further changes may depend on upcoming international developments.
