diff --git a/opentelemetry-sdk/src/metrics/periodic_reader.rs b/opentelemetry-sdk/src/metrics/periodic_reader.rs
index 292ab0b8f2..43bfd0912e 100644
--- a/opentelemetry-sdk/src/metrics/periodic_reader.rs
+++ b/opentelemetry-sdk/src/metrics/periodic_reader.rs
@@ -782,4 +782,134 @@ mod tests {
             "Metrics should be available in exporter."
         );
     }
+
+    async fn some_async_function() -> u64 {
+        // No dependency on any particular async runtime.
+        std::thread::sleep(std::time::Duration::from_millis(1));
+        1
+    }
+
+    #[tokio::test(flavor = "multi_thread", worker_threads = 1)]
+    async fn async_inside_observable_callback_from_tokio_multi_with_one_worker() {
+        async_inside_observable_callback_helper();
+    }
+
+    #[tokio::test(flavor = "multi_thread", worker_threads = 2)]
+    async fn async_inside_observable_callback_from_tokio_multi_with_two_worker() {
+        async_inside_observable_callback_helper();
+    }
+
+    #[tokio::test(flavor = "current_thread")]
+    async fn async_inside_observable_callback_from_tokio_current_thread() {
+        async_inside_observable_callback_helper();
+    }
+
+    #[test]
+    fn async_inside_observable_callback_from_regular_main() {
+        async_inside_observable_callback_helper();
+    }
+
+    fn async_inside_observable_callback_helper() {
+        let interval = std::time::Duration::from_millis(10);
+        let exporter = InMemoryMetricExporter::default();
+        let reader = PeriodicReader::builder(exporter.clone())
+            .with_interval(interval)
+            .build();
+
+        let meter_provider = SdkMeterProvider::builder().with_reader(reader).build();
+        let meter = meter_provider.meter("test");
+        let _gauge = meter
+            .u64_observable_gauge("my_observable_gauge")
+            .with_callback(|observer| {
+                // using futures_executor::block_on intentionally and avoiding
+                // any particular async runtime.
+                let value = futures_executor::block_on(some_async_function());
+                observer.observe(value, &[]);
+            })
+            .build();
+
+        meter_provider.force_flush().expect("flush should succeed");
+        let exported_metrics = exporter
+            .get_finished_metrics()
+            .expect("this should not fail");
+        assert!(
+            !exported_metrics.is_empty(),
+            "Metrics should be available in exporter."
+        );
+    }
+
+    async fn some_tokio_async_function() -> u64 {
+        // Tokio specific async function
+        tokio::time::sleep(Duration::from_millis(1)).await;
+        1
+    }
+
+    #[tokio::test(flavor = "multi_thread", worker_threads = 1)]
+
+    async fn tokio_async_inside_observable_callback_from_tokio_multi_with_one_worker() {
+        tokio_async_inside_observable_callback_helper(true);
+    }
+
+    #[tokio::test(flavor = "multi_thread", worker_threads = 2)]
+    async fn tokio_async_inside_observable_callback_from_tokio_multi_with_two_worker() {
+        tokio_async_inside_observable_callback_helper(true);
+    }
+
+    #[tokio::test(flavor = "current_thread")]
+    #[ignore] //TODO: Investigate if this can be fixed.
+    async fn tokio_async_inside_observable_callback_from_tokio_current_thread() {
+        tokio_async_inside_observable_callback_helper(true);
+    }
+
+    #[test]
+    fn tokio_async_inside_observable_callback_from_regular_main() {
+        tokio_async_inside_observable_callback_helper(false);
+    }
+
+    fn tokio_async_inside_observable_callback_helper(use_current_tokio_runtime: bool) {
+        let interval = std::time::Duration::from_millis(10);
+        let exporter = InMemoryMetricExporter::default();
+        let reader = PeriodicReader::builder(exporter.clone())
+            .with_interval(interval)
+            .build();
+
+        let meter_provider = SdkMeterProvider::builder().with_reader(reader).build();
+        let meter = meter_provider.meter("test");
+
+        if use_current_tokio_runtime {
+            let rt = tokio::runtime::Handle::current().clone();
+            let _gauge = meter
+                .u64_observable_gauge("my_observable_gauge")
+                .with_callback(move |observer| {
+                    // call tokio specific async function from here
+                    let value = rt.block_on(some_tokio_async_function());
+                    observer.observe(value, &[]);
+                })
+                .build();
+            // rt here is a reference to the current tokio runtime.
+            // Droppng it occurs when the tokio::main itself ends.
+        } else {
+            let rt = tokio::runtime::Runtime::new().unwrap();
+            let _gauge = meter
+                .u64_observable_gauge("my_observable_gauge")
+                .with_callback(move |observer| {
+                    // call tokio specific async function from here
+                    let value = rt.block_on(some_tokio_async_function());
+                    observer.observe(value, &[]);
+                })
+                .build();
+            // rt is not dropped here as it is moved to the closure,
+            // and is dropped only when MeterProvider itself is dropped.
+            // This works when called from normal main.
+        };
+
+        meter_provider.force_flush().expect("flush should succeed");
+        let exported_metrics = exporter
+            .get_finished_metrics()
+            .expect("this should not fail");
+        assert!(
+            !exported_metrics.is_empty(),
+            "Metrics should be available in exporter."
+        );
+    }
 }