Gold and Silver Prices Fall Throughout June 23, 2026 | Full Market Recap

Gold and Silver Market Summary for June 23, 2026

Gold and silver prices remained under heavy pressure throughout Tuesday, June 23, 2026, with both international and Pakistani markets recording losses from morning until night. The day was characterized by persistent selling activity, causing precious metals to trade lower across multiple sessions.

Morning Market Update

At 9:02 AM, international gold prices fell sharply, with gold trading at $4,146 per ounce, reflecting a decline of $46.3 per ounce. Silver also moved lower, reaching $63.1 per ounce, down by approximately $1.8 per ounce.

In Pakistan, the price of gold was recorded at PKR 443,000 per tola, while silver was trading at PKR 7,350 per tola.

Afternoon Session Brings Further Weakness

By 3:09 PM, the downward trend intensified. International gold prices slipped further to $4,127 per ounce, representing a daily decline of $63.6 per ounce. Silver also extended its losses and was recorded at $62.6 per ounce, showing a decrease of approximately $2.4 per ounce.

The Pakistani bullion market mirrored global weakness. Gold prices dropped to PKR 440,000 per tola, while silver declined to PKR 7,300 per tola.

Evening Market Update

At 9:20 PM, gold managed a slight recovery in international trading, rising to $4,137 per ounce. Despite the modest rebound, the metal still remained down by $54.4 per ounce on the day.

Silver continued to weaken, falling to $62.2 per ounce, marking a decline of approximately $2.7 per ounce.

In Pakistan, gold edged slightly higher to PKR 440,500 per tola, while silver remained unchanged at PKR 7,300 per tola.

Key Takeaways

• Gold prices declined throughout most of the trading day.
• Silver recorded consistent losses across all sessions.
• International gold touched a low of $4,127 per ounce during the afternoon.
• Pakistani gold prices fell from PKR 443,000 to PKR 440,500 per tola.
• Silver prices weakened in both international and local markets.
• A minor evening rebound in gold failed to reverse the overall bearish trend.

Market Outlook

The overall direction of the precious metals market remained negative on June 23. While gold showed a small recovery during evening trading, both gold and silver ended the day significantly lower than earlier levels. Investors will continue monitoring global economic developments, currency movements, and market sentiment for clues about the next direction of precious metal prices.

FAQ

Did gold prices rise at any point during the day?

Yes. Gold showed a small recovery during the evening session, rising from $4,127 to $4,137 per ounce, but it still closed the day lower overall.

How much did gold fall in Pakistan?

Gold moved from PKR 443,000 per tola in the morning to PKR 440,500 per tola by night.

Did silver perform better than gold?

No. Silver remained under pressure throughout the day and recorded losses in both international and Pakistani markets.

What was the overall trend on June 23, 2026?

The overall trend was bearish, with gold and silver prices declining across most trading sessions.

Also read : Gold and Silver Market Update June 23, 2026 | Gold Drops, Silver Weakens

Check this also : Iranian Rial Value Doubles in Pakistan Following US-Iran Peace Agreement