Pakistan Gold Price Today 15 June: Massive Rs10,800 Increase per Tola in Karachi Market

Gold prices in Pakistan recorded a sharp upward trend on Monday as global markets reacted strongly to reports of an Iran–US agreement, triggering a surge in precious metal demand worldwide.

The price of 24 karat gold per tola rose by Rs10,800 to reach a new record of Rs455,136 in local markets, reported the All Pakistan Sarafa Association.

Likewise, 10 grams of gold touched Rs389,600 after a Rs9720 gain, adding to the bull market momentum in domestic gold prices.

International Gold Prices Also Jump

In the global market, gold prices surged by $108 per ounce to $4,327 per ounce. Analysts attribute the rise to geopolitical developments, including the reported agreement reached between Iran and the U.S. on their diplomatic standoff, which has affected investor sentiment and boosted safe-haven buying.

Silver Prices Also Increase in Pakistan

The local market also saw silver prices rise, in addition to gold. The price of per tola silver increased by Rs230, reaching Rs7,509, according to market data from bullion traders in Karachi.

Market Experts’ View

Global geopolitical uncertainty can make gold a safe-haven investment, according to market experts. The recent price spike is due to increased demand as international relations and economic conditions change.