The prices of gold and silver in the local market remained unchanged on Saturday, according to the All Pakistan Sarafa Gems and Jewellers Association. The price of 24 karat gold per tola stood at Rs 490,362, while the rate of 10 grams of 24 karat gold was recorded at Rs 420,406. Similarly, 10 grams of […]
silver
Gold rebounds as investors await US inflation data
Gold prices rebounded on Friday, recovering from a nearly one-week low recorded in the previous session, as investors awaited key US inflation data for guidance on the Federal Reserve’s interest rate path. Spot gold rose 0.6 per cent to $4,949.99 per ounce by 06:26 GMT, while US gold futures for April delivery climbed 0.4 per […]
Gold rises above $5,000 as investors await U.S. jobs data
Gold prices extended rises on Monday, trading just above the $5,000-per-ounce mark, as the U.S. dollar weakened and investors awaited key labour market data to gauge the future trajectory of interest rates. Read More: Gold rises, silver volatile as global markets tumble Spot gold rose 1.3% to $5,026.04 per ounce by 0333 GMT, following a […]
Gold rises, silver volatile as global markets tumble
Gold prices climbed while silver experienced sharp swings on Friday amid a global stock market rout and increased margin requirements by CME for precious metals. Spot gold surged 2.3% to $4,879.45 per ounce by 05:52 GMT, marking a modest 0.3% gain for the week. Meanwhile, US gold futures for April delivery added 0.2% to $4,897.20 […]
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 prices surge by Rs 6,500 per tola
Gold prices registered a sharp increase in both local and international markets on Saturday as the price of 24-karat gold per tola increased by Rs 6,500 to settle at Rs 521,162. According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 10 grams of 24-karat gold also went up by Rs 5,573 […]
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 soars to record Rs506,362 per tola in Pakistan
Gold prices in Pakistan surged to an all-time high on Wednesday, with the 24-karat per-tola rate reaching Rs506,362, marking an increase of Rs12,700 from Tuesday. The spike was driven by a $127 per ounce jump in the international market, where gold touched $4,840 per ounce amid geopolitical tensions, ongoing global tariff disputes, and US President […]
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 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 […]