The post Gold price in Pakistan: Rates on June 12 appeared on BitcoinEthereumNews.com.

Gold prices rose in Pakistan on Thursday, according to data compiled by FXStreet. The price for Gold stood at 30,407.27 Pakistani Rupees (PKR) per gram, up compared with the PKR 30,248.61 it cost on Wednesday. The price for Gold increased to PKR 354,671.30 per tola from PKR 352,813.80 per tola a day earlier. Unit measure Gold Price in PKR 1 Gram 30,407.27 10 Grams 304,078.60 Tola 354,671.30 Troy Ounce 945,761.50   Daily digest market movers: Gold holds firm as the Greenback, US yields plunge The weakness of the US Dollar might keep Gold prices underpinned. The US Dollar Index (DXY), which tracks the value of the Dollar against a basket of peers, falls 0.44% to 98.61, reaching four-day lows. US Treasury yields are collapsing; The US 10-year Treasury yield has dropped five basis points (bps) to 4.42%. US real yields followed suit, falling by five basis points to 2.13%, boosting Bullion‘s advance. US inflation rose less than expected in May, with headline CPI up 2.4% YoY, below the 2.5% forecast but slightly above April’s 2.3%. The Core CPI remained steady at 2.8% YoY, matching the previous month’s figure and indicating persistent yet stable underlying price pressure. Geopolitical tensions remain high as US President Trump told Fox News that Iran is becoming much more aggressive in nuclear talks. The Iranian Foreign Minister said, “As we resume talks on Sunday, it is clear that an agreement that can ensure the continued peaceful nature of Iran’s nuclear program is within reach — and could be achieved rapidly.” Money markets suggest that traders are pricing in 47.5 basis points of easing toward the end of the year, according to Prime Market Terminal data. FXStreet calculates Gold prices in Pakistan by adapting international prices (USD/PKR) to the local currency and measurement units. Prices are updated…

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Filed under: News - @ June 12, 2025 5:22 am