Gold prices in Pakistan surged on Tuesday, mirroring gains in the international market. The price per tola rose by Rs7,700 to reach Rs436,562, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). Similarly, 10-gram gold was sold at Rs374,281, up Rs6,601 from the previous day. On Monday, local gold prices remained stable at Rs428,862 […]
global gold rally
Gold Hits Record $3,900 as Safe-Haven Demand Soars
SINGAPORE – Gold surged beyond the $3,900-per-ounce mark for the first time on Monday, buoyed by safe-haven demand amid a sliding yen, political turmoil in Japan, and the ongoing U.S. government shutdown. Hopes of further Federal Reserve rate cuts also strengthened the rally. By 0208 GMT, spot gold was up 0.9% at $3,922.28 per ounce, after […]