Global gold prices tumbled sharply on Monday, hitting their lowest level in four months as rising geopolitical tensions and shifting interest rate expectations dampened investor demand for the precious metal. Read More: Gold prices increase by Rs 1,000 per tola Spot gold fell more than eight per cent during the session, touching a low of $4,097.99 […]
commodities
Gold plunges 5% amid Iran-US tensions, wiping $3 trillion from market
NEW YORK: Gold prices plunged five percent on Thursday, erasing roughly $3 trillion in market value after the precious metal briefly touched a record high above $5,500 per ounce. The sharp decline came amid escalating geopolitical tensions between Iran and the United States, though experts said the move was largely driven by profit-taking. Read More: […]
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, […]
Gold and silver hit record highs amid tariff fears
BENGALURU: Gold and silver surged to record highs on Monday as investors sought safe-haven assets amid fresh geopolitical tensions and uncertainty over US trade policy. Read More: Gold surges Rs7,500 per tola in Pakistan – Daily Times Spot gold jumped 1.7 per cent to $4,672.49 per ounce by 12:05pm ET, after briefly touching an all-time […]
Gold prices soar to record high in Pakistan
ISLAMABAD: Gold prices in Pakistan surged to an all-time high on Monday, reflecting both strong global demand and persistent volatility in commodity markets. The increase marks one of the steepest single-day gains recorded this month. Read More: Gold prices decline in Pakistan on January 8 According to figures released by the All Pakistan Sarafa Gems and Jewellers Association […]
Oil prices recover amid Ukraine peace hopes and Fed rate bets
BEIJING – Oil prices rebounded slightly on Wednesday after falling to one-month lows in the previous session, as optimism grew over a potential peace deal between Ukraine and Russia. The deal could ease international sanctions on Russian energy exports, influencing global supply. Read More: Oil prices slide on peace talks Brent crude futures rose 19 cents, […]
Gold hits record highs as 2026 outlook turns bullish
LONDON: Gold surged to record levels in 2025, reaching a peak of $4,381 per ounce in mid-October, as investors increasingly viewed the metal as a strategic reserve asset rather than a traditional inflation hedge. The rally was driven by unprecedented central bank purchases, robust ETF inflows, and a heightened geopolitical risk premium. Read More: Global gold demand […]
Gold prices tumble sharply in global and local markets
KARACHI – Gold prices recorded a substantial decline on Saturday, following a major drop in the international bullion market. The global price per ounce plunged by $91, settling at $4,083 and triggering an immediate impact on local rates. In Pakistan’s domestic market, the price of gold per tola fell by Rs9,100, bringing it down to […]
Weekly inflation rises slightly by 0.12%: PBS
ISLAMABAD — The weekly inflation, measured by the Sensitive Price Indicator (SPI), increased by 0.12 percent for the combined consumption group during the week ended October 30, 2025, according to the Pakistan Bureau of Statistics (PBS). The SPI for the week was recorded at 335.53 points, compared to 335.14 points in the previous week. On a […]
Gold demand cools in India after festivals
Gold was sold at a discount in India for the first time in seven weeks, as demand waned following the festive season, while premiums rose across other major Asian hubs amid improved investor activity. Indian dealers offered discounts of up to $12 per ounce over official domestic prices, including taxes, compared to last week’s premium […]