gold
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Gold bounces back in line with international market
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[ad_1] An undated image of gold bars. — AFP Gold price in Pakistan regained its shine on Saturday as the rate rose over Rs1,000 in the local bullion market owing to a significant surge in the international market. According to All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of gold (24 carats) rose by…
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Black gold to green energy: Texas leads US in renewables
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[ad_1] An aerial view of a vast solar-energy installation in Hill County, Texas, on March 1, 2023. AFP/File DAWSON: Modern Texas was built on oil, and its production has long been a source of immense pride. But now, areas that moved to the steady rhythm of oil derricks for more than a century are making…
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Gold price falls to Rs200,000 per tola in Pakistan
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[ad_1] An undated image of gold jewellery displayed at a store. — AFP Gold rate fell for the second consecutive trading session in Pakistan on Saturday in hopes of further recovery of the local currency against the US dollar — which gained over 2% in the last session. According to All-Pakistan Sarafa Gems and Jewellers…
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Gold rate falls in Pakistan on rupee’s recovery
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[ad_1] A representational image of gold jewellery. — AFP/File Gold rate plunged Friday following a handsome recovery of the Pakistani rupee against the US dollar, prompting investors to rethink their strategy about shifting towards the safe-haven metal. Data from the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA) showed that the prices of gold (24 carats)…
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Gold price falls by Rs1,000 per tola in Pakistan
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[ad_1] An undated image of gold bars. — AFP/File Gold prices extended losses on Saturday as the rate fell by 0.5% as investors remained concerned over news reports hinting towards a massive interest rate hike by the State Bank of Pakistan (SBP). According to the data released by the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA),…
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Gold rate rises in Pakistan despite recovery in rupee
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[ad_1] An undated image of a customer looking at the gold bangles at a store. — AFP/File Gold regained lost ground on Thursday, as bargain hunting trickled in after prices dropped a day earlier in response to the continued recovery of the Pakistani rupee against the US dollar. Data released by the All-Pakistan Sarafa Gems…
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Gold rate increases by Rs2,800 per tola in Pakistan
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[ad_1] An undated image of gold jewellery displayed at a store. — AFP/File As bargain hunting trickled in after rates dropped a day earlier in response to the continued recovery of the rupee against the US dollar, gold regained lost ground on Saturday. According to data released by the All-Pakistan Sarafa Gems and Jewellers Association…
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Gold rout enters fifth day
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[ad_1] An undated image of gold jewellery being displayed in a jewellery store. — AFP/File Pakistani gold’s price continued to deflate for the fifth consecutive day on Thursday as the rupee’s clawback against the dollar tied safe-haven investors’ hands amid market buzz that a deal to revive International Monetary Fund’s (IMF) stalled loan programme was…
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Gold price declines in Pakistan
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[ad_1] Gold bullion bars are pictured after being inspected and polished at a refinery. — AFP/File After undergoing a correction and following a reduction of prices in the international market, the gold rates witnessed a decline in Pakistan on Saturday. Data released by the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA) showed that the price…
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Gold price in Pakistan registers gains
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[ad_1] A representational image of gold bars. — AFP/File Gold prices rose Friday amid an increase in the demand for the safe-bet investment as economic uncertainty persists in Pakistan over a delay in the revival of the International Monetary Fund (IMF) deal. Data released by the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA) showed that…
