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Gold Prices Tumble on Israel-Iran Ceasefire

Summary by The Express Tribune
Gold prices in Pakistan registered a sharp decline on Tuesday, mirroring the downtrend in the international market where bullion slipped nearly 2% to hit a more than two-week low as geopolitical tensions cooled. The global drop came as investor demand for safe-haven assets eased following Trump's announcement of a ceasefire between Iran and Israel. In the domestic market, the price of 24-karat gold fell by Rs3,800 per tola to settle at Rs354,365…

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The gold market is following a calm course after the Israel-Iran ceasefire! On Wednesday, June 25, 2025, investors and citizens are closely following the prices of gram, quarter, full and 22 carat bracelets. The ounce of gold is traded at $3,324, while the gram of gold is traded at 4,238 TL. While the ceasefire reduces the risk premium caused by war, gold prices are focused on the Fed's policy decisions. Here are the current gold prices and the …

Hours after U.S. President Donald Trump announced the ceasefire between Iran and Israel, his Persian counterpart, Masud Pezzeshkian, announced in a statement the end of the “12-day war.” How did this news impact the markets? Gold metal closed slightly downwards, this Tuesday, June 24, at US$3.322.32 per ounce, below the US$3.382.42 of the previous day. Throughout the day, the gold price ranged between US$3.320 and the final value, on a day when …

·Lima, Peru
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Bloomberg broke the news in United States on Monday, June 23, 2025.
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