gold
-
Gold dazzles as rupee rout continues
.
[ad_1] A re[resentational image of gold jewellery. — AFP/File Gold price in Pakistan continued to gain following the international precious metal markets that are rising in reaction to a hawkish US Federal Reserve, while the rupee’s plunging to a historic low also drove investors towards gold — as saving options already remain limited. The price…
-
Gold price rises in Pakistan
.
[ad_1] An undated photograph of gold bullions. — AFP/File Gold price in Pakistan has surged after the economic crisis-hit country witnessed record-high inflation in January. Data released by the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA) showed that the price of gold (24 carats) increased by Rs3,500 per tola and Rs3,000 per 10 grams to…
-
Gold sees highest single-day plunge in Pakistan
.
[ad_1] An undated photograph of gold bullions. — AFP/File As the rupee slightly recovered against the US dollar, gold price in Pakistan on Tuesday registered its highest single-day drop. Investors also kept a close watch on the US Federal Reserve’s interest rate hike decision and policy outlook. The price of gold (24 carats) plunged by…
-
Gold soars to new life high of Rs210,500 per tola
.
[ad_1] People buy jewellery at a jewellery store in Amritsar on October 22, 2022. — AFP/File Pakistan’s gold market opened the week on a whopping note to hit a new high Monday as the rupee bled more value on the altar of the International Monetary Fund (IMF) so that Pakistan could finally win a long-denied…
-
Gold now over Rs200,000 a tola | The Express Tribune
.
[ad_1] KARACHI: The price of gold surpassed Rs200,000 per tola (11.66 grams) for the first time in the history of Pakistan after the rupee witnessed a freefall against the US dollar on Friday. The jump in bullion price, however, made jewellers unhappy, as genuine buyers have quit the market and gamblers have jumped in. Speaking…
-
Gold tops Rs200,000 per tola as rupee extends rout
.
[ad_1] A representational image of gold jewellery. — AFP/File The price of gold in Pakistan Friday marched past the major psychological threshold of Rs200,000 per tola for the first time, the dealers said, pinning the upsurge on the rupee free fall that ensued after money changers gave up on a self-imposed cap on the exchange…
-
Gold breaks all records, crosses Rs200,000 per tola mark | The Express Tribune
.
[ad_1] Amid freefall of the Pakistani rupee and reports of revival of stalled talks with the International Monetary Fund (IMF), gold continued to steal the limelight in the local markets, with prices hitting a record high of Rs Rs202,500 per tola on Friday evening. The prices of per tola and per 10 grams of gold…
-
Gold climbs to new peak in Pakistan
.
[ad_1] A representational image of gold jewellery. — AFP/File Gold has been on a rising spree for the last several weeks and kept hitting an all-time high. In line with the dominant trend, the price of gold climbed to a new peak of Rs182,700 per tola (11.66 gram) on Tuesday, after a jump of Rs4,500.…
-
Pakistan gold near one-week peak on safe-haven buying
.
[ad_1] People buy jewellery at a jewellery store in Amritsar on October 22, 2022. — AFP/File Gold rose to a hover near a one-week high on Monday as concerns over the depreciating rupee lifted bullion’s appeal as a safe haven and an inflation hedge. The prices of gold rose by Rs700 per tola and Rs600…
-
Gold price rises by Rs200 per tola in Pakistan
.
[ad_1] An undated image of gold jewellery. —AFP/File Following a major decline posted a day earlier, gold prices in Pakistan were little changed on Saturday as market participants awaited economic data for further direction. The price of gold registered a slight increase of Rs200 per tola and Rs172 per 10 grams to settle at Rs177,500 and…
