Gold prices jump in Pakistan amid middle east tensions

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Gold prices jump in Pakistan amid middle east tensions
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Gold prices in Pakistan recorded a significant increase on Tuesday, June 9, 2026, following a strong upward trend in the international bullion market. The surge comes as investors worldwide turned to safe-haven assets amid growing geopolitical tensions in the Middle East, pushing both local and global gold rates higher.

According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola increased by Rs2,830, reaching Rs455,063 compared to Rs452,233 in the previous trading session. The latest gold price in Pakistan reflects heightened investor interest in precious metals as uncertainty continues to dominate global financial markets.

Similarly, the price of 10 grams of 24-karat gold rose by Rs2,547 to Rs389,534, up from Rs386,987 a day earlier. The sharp increase has attracted attention from investors and consumers closely monitoring the gold rate today for investment and savings purposes.

In the international gold market, gold prices gained $28 per ounce, climbing to $4,326 from the previous level of $4,297. Analysts noted that global demand for gold investment strengthened as concerns over regional instability encouraged investors to seek safer assets.

Silver prices in Pakistan also moved upward. The price of silver per tola surged by Rs141 to Rs7,314, compared to Rs7,173 during the previous session. The increase in silver rates mirrors the broader trend seen across precious metal markets worldwide.

Market experts linked the rally to escalating tensions in the Middle East. Israeli military strikes in southern Lebanon reportedly resulted in multiple casualties, while Iran warned of further action if military operations continued. At the same time, reports of explosions in Tehran, Tabriz and Isfahan heightened concerns about a wider regional conflict.

These developments have raised fears of potential disruptions to oil supplies through the strategically important Strait of Hormuz, creating uncertainty in global energy markets. As a result, investors have shifted funds toward safe-haven assets such as gold, supporting higher prices.

Financial analysts believe that unless geopolitical tensions ease significantly, gold prices may remain elevated in the coming days. Investors are expected to keep a close watch on developments in the Middle East and movements in the international bullion market for further direction.

Pakistan State Time is a versatile digital news and media website that covers all latest news developments on 24/7 basis.

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