pakistan
Gold prices plunge in Pakistan as US, Iran presidents sign ceasefire agreement
Key takeaways
- The development came after the US and Iran presidents have electronically signed a memorandum of understanding to extend their ceasefire and reopen the Strait of Hormuz.
- According to rates issued by the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24-karat gold per tola fell by Rs2,300 to Rs452,936.
- Similarly, the price of 10 grams of 24-karat gold decreased by Rs2,070 to Rs387,615.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize KARACHI: Gold prices in Pakistan declined on Thursday, June 18, 2026, in line with a downward trend in the international bullion market amid easing geopolitical tensions in the Middle East.
The development came after the US and Iran presidents have electronically signed a memorandum of understanding to extend their ceasefire and reopen the Strait of Hormuz.
According to rates issued by the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24-karat gold per tola fell by Rs2,300 to Rs452,936.
Article preview — originally published by ARY News. Full story at the source.
Read full story on ARY News →
More top stories
Also covered by
Pakistan Observer
Gold prices decline by Rs2,300 per tola in Pakistan
Investing.com
Gold prices rise as Iran peace deal cheer outweighs Fed rate concerns
Yahoo Finance
Gold prices today, Thursday, June 18, 2026: Prices feeling a Fed hangover despite Iran peace deal
Euronews
US and Iran sign deal, but who really won? Here's what to know
Aggregated and edited by the Scoop newsroom. We surface news from ARY News alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop