Gold prices in Pakistan witnessed a sharp rise on Wednesday, April 8, 2026, crossing the Rs500,000 mark amid global market gains following the US–Iran ceasefire. The All Pakistan Sarafa Gems and Jewellers Association reported that 24-karat gold per tola increased by Rs15,700, closing at Rs504,162, up from Rs488,462 on the previous day. Similarly, 10 grams […]
safe-haven assets
Gold and silver prices surge in Pakistan amid global market rally
KARACHI — Gold and silver prices in Pakistan rose sharply on Saturday, February 7, 2026, following a strong upward trend in the international bullion market, the All Pakistan Sarafa Gems and Jewellers Association (APSGJA) reported. Read More: Gold prices fall by Rs 21,400 per tola The price of 24-karat gold per tola jumped by Rs11,700 to […]
Gold and silver reach record highs on tariff fears
Global markets witnessed strong safe‑haven demand on Monday as gold and silver prices climbed to record levels amid renewed trade tensions after U.S. President Donald Trump threatened tariffs on several European nations in a dispute over Greenland. Spot gold rose sharply, peaking near all‑time highs above $4,680 an ounce, while spot silver also surged, touching […]
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 to record highs amid safe-haven rush
Global precious metals markets witnessed an unprecedented surge on Wednesday as gold crossed the $4,500-per-ounce mark for the first time, while silver and platinum also climbed to historic highs, driven by intense safe-haven demand and expectations of further US interest rate cuts. Read More: Gold per tola jumps Rs2,200 in Pakistan Spot gold briefly touched […]
Gold Eighth Weekly Gain on Rate Cut Bets and Geopolitical Tensions
SINGAPORE – Gold prices held steady below the $4,000 per ounce mark on Friday, poised to log their eighth consecutive weekly gain as global investors weighed geopolitical tensions, inflation pressures, and growing expectations of more US rate cuts. At 0514 GMT, spot gold slipped 0.1% to $3,971.43 per ounce, while US gold futures for December […]