Gold prices in the domestic market surged to new record highs on Friday, tracking a strong rally in international markets driven by heightened geopolitical tensions and expectations of further US interest rate cuts. Read More: Gold soars to record Rs506,362 per tola in Pakistan According to rates issued by the All Pakistan Sarafa Gems and Jewellers […]
Precious Metals
Gold, silver, platinum hit record highs amid economic uncertainty
Gold extended its record-setting rally on Friday, while silver and platinum also reached all-time highs as investors sought refuge from geopolitical tensions and growing doubts over US assets. Read More: Precious metals rally as silver tops $75, gold and platinum hit records Spot gold rose 0.4 percent to $4,957.10 per ounce as of 05:36 GMT (10:36am PKT), after earlier touching $4,966.59, […]
Why gold prices are soaring to record highs?
Gold and other precious metals are surging to record highs as the year draws to a close, driven by a mix of geopolitical uncertainty, a weaker US dollar, strong industrial demand and tight supply, according to an AFP analysis. Gold and silver have traditionally been viewed as safe-haven assets, and demand has jumped sharply amid […]
Precious metals rally as silver tops $75, gold and platinum hit records
Gold, silver and platinum surged to record highs on Friday, driven by strong speculative momentum, thinning year-end liquidity and expectations of further US interest rate cuts, according to market analysts. Rising geopolitical tensions and a weaker US dollar also added to the rally across precious metals. Read More: Gold per tola jumps Rs2,000, setting new high […]
Gold and silver prices reach record highs
Gold and silver prices surged to historic highs in local markets on Monday, reflecting a sharp rally in international bullion rates driven by expectations of US interest rate cuts and strong safe-haven demand. Read More: Gold price rises to reach Rs 462,362 a tola According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the […]
Gold and silver surge as rate cut hopes fuel rally
Gold prices climbed to a record high on Monday, supported by growing expectations of further US interest rate cuts and strong safe-haven demand. The rally extended across precious metals, with silver also hitting an all-time peak as investor appetite remained robust. Read More: Gold gains Rs500, silver hits record high Spot gold rose 1.2 per cent to a […]
Gold and silver prices surge amid global market volatility
Gold prices surged sharply in both international and domestic markets on Wednesday, reflecting heightened uncertainty across global financial systems. Silver also posted a historic rise, reaching record levels locally and internationally as investor demand strengthened. Read More: Gold gains Rs500, silver hits record high In the international bullion market, gold prices increased by $27 per ounce, settling at […]
Gold gains Rs500, silver hits record high
Gold prices in Pakistan saw a significant rise on Thursday, following an increase in the international market. The price of gold per tola surged by Rs500, reaching Rs443,562. Similarly, the price of 10-gram gold rose by Rs428, reaching Rs380,282, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). The international price of gold also […]
Pakistan lifts gold trade ban, restores SRO 760
KARACHI – The Ministry of Commerce has rescinded the suspension of Statutory Regulatory Order (SRO) 760 of 2013, effectively lifting restrictions on the import and export of gold and other precious metals, officials confirmed on Saturday. The reversal comes six months after a 60-day ban was imposed to stabilise foreign exchange reserves amid tensions with […]
Gold price falls Rs1,000 per tola in Pakistan
Gold prices in Pakistan fell on Wednesday, following a decline in international markets. The price per tola dropped Rs1,000, reaching Rs434,762. Meanwhile, 10-gram gold fell by Rs857, closing at Rs372,738, according to the All-Pakistan Gems and Jewellers Sarafa Association. On Tuesday, gold had gained Rs5,900 per tola, showing volatility amid market shifts. Internationally, gold dropped […]