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Gold prices drop in Pakistan as global market weakens amid US–Iran talks

Gold prices drop in Pakistan as global market weakens amid US–Iran talks

KARACHI: Gold prices drop in Pakistan on April 11, 2026, following a slight decline in the international bullion market. The decrease comes as geopolitical developments continue, including ongoing US–Iran peace talks in Islamabad.

In the local market, gold prices drop for the second consecutive session. The price of 24-karat gold per tola fell by Rs700. It reached Rs496,962, compared to Rs497,662 a day earlier. The rates were shared by the All Pakistan Sarafa Gems and Jewellers Association.

Similarly, the price of 10 grams of 24-karat gold declined by Rs600. It dropped to Rs426,064 from Rs426,664. Meanwhile, 10 grams of 22-karat gold decreased by Rs550. It settled at Rs390,572, down from Rs391,122.

In the global market, gold also showed a slight decline. The price per ounce slipped by $7. It moved down to $4,746 from $4,753. Analysts say this small drop reflects cautious investor sentiment.

While gold prices drop, silver prices moved in the opposite direction. In Pakistan, silver per tola increased by Rs50. It reached Rs8,064 from Rs8,014. The price of 10 grams of silver also rose by Rs43. It stood at Rs6,913 compared to Rs6,870 earlier.

Globally, silver prices also increased. The metal gained $0.50 per ounce. It reached $75.80 from $75.30.

Market experts link these price changes to ongoing political developments. The US–Iran talks have created cautious optimism in global markets. Reports suggest progress toward a possible agreement.

US President Donald Trump expressed hope about a deal. He said a workable proposal from Iran could move talks forward. Pakistan is playing a key role in facilitating these discussions. The country aims to support a lasting ceasefire.

Despite the recent dip, analysts remain positive about gold’s future. They highlight gold’s role as a safe-haven asset. Investors often turn to gold during uncertain times.

Gold has limited supply and holds intrinsic value. It is also less affected by government policies. This makes it a strong hedge against inflation and currency weakness.

Historically, rising tensions increase demand for gold. Investors prefer it over risky assets like stocks or digital currencies. Gold remains important both as jewelry and as a financial safeguard.

In other news read more about Gold Prices Drop Sharply in Pakistan Amid Global Market Pressure

For now, short-term fluctuations may continue. However, long-term demand for gold is expected to stay strong.

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