Gold Price in Pakistan Drops Sharply Today After Iran-US Talks Cancellation – June 19, 2026

Karachi, June 19, 2026: Gold prices in Pakistan witnessed a significant decline on Friday following the cancellation of the scheduled Iran-US negotiations, which triggered a sharp reaction in both international and local bullion markets.

According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola fell by Rs. 14,900, bringing the new rate down to Rs. 438,036. This marks one of the biggest single-day declines in gold prices recorded in recent weeks.

Likewise, the cost of 10 grams of 24 karat gold fell by Rs. 14,510 and settled at Rs. 374,205 across the country.

The downward trend was also visible in the international gold market, where the price of gold dropped by $149 per ounce. The gold rate dropped to $4,156 per ounce worldwide after the drop.

The local market also saw silver prices decline. The rate of silver per tola fell by Rs. 413, reaching Rs. The association says that 6,946 are the numbers.

The volatility in precious metals markets was driven by investor sentiment, experts say, which was swayed by developments in the Iran-US talks. The price of gold, which is known for its ability to hold its value during periods of uncertainty, saw some fluctuations as traders digested the latest news.

In Pakistan, where global conditions have shifted, the collapse of gold prices is likely to boost demand, especially among individuals considering investing in precious metals or purchasing jewelry.

Investors and traders will continue to monitor international political developments and global market trends, which remain key factors influencing gold prices in Pakistan and around the world.