gold
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Gold price retreats from all-time high in Pakistan
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[ad_1] An undated image of a woman holding gold bangles. — AFP/File Gold prices snapped their 12-day-long gaining streak on Friday as investors holding long positions took profits, however, the outlook remained bullish with rates hovering near a record peak. According to All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of gold plunged…
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Price hike: Gold rate climbs to Rs178,800 per tola in Pakistan
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[ad_1] A photo of a jewellery shop in Kerala, India. — AFP/File Gold and silver prices jumped to new highs in Pakistan on Tuesday as the rupee lost further ground against the US dollar, prompted by a liquidity crunch that has forced an increase in safe-haven buying. According to All Pakistan Sarafa Gems and Jewellers Association, price…
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Gold peaks in Pakistan as investors shy away from risk amid political tensions
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[ad_1] An undated image of gold sets displayed at a jewellery store. — AFP/File Gold and silver prices climbed on Monday, with investor appetite for risk curbed by worries over political instability, dollar unavailability tensions and faltering economic growth. The price of gold surged by Rs2,200 per tola and Rs1,886 per 10 grams to settle…
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Gold hits all-time high in Pakistan as economic woes spur buying frenzy
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[ad_1] — AFP Gold prices in Pakistan surged to a record high as people took refuge in the safe-haven metal on mounting concerns that the nation’s economic condition conditions will deteriorate further. For the first time in the history of Pakistan, per tola price surpassed the Rs172,000 mark. The prices surged by Rs800 per tola…
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Gold jumps to historic high in Pakistan as investors seek safe investment
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[ad_1] A representational image of gold bars. — AFP/File Gold prices reached historic highs as the rupee continued to lose ground against the dollar. The liquidity crunch has increased safe-haven buying in the local market. The price of precious metal recorded the same gains as yesterday that is an increase of Rs500 per tola and…
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New peak: Gold price continues to climb for 8th consecutive day
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[ad_1] An undated file image of gold bars. — AFP/File Gold prices continued to rise in Pakistan for the eighth consecutive day as investors took refuge in the safe-haven asset to avoid the impact of high inflation. Gold prices surged by Rs500 per tola and Rs429 per 10 grams to settle a historic high of…
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Gold import ban linked to lack of documentation | The Express Tribune
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[ad_1] ISLAMABAD: The commerce ministry officials on Wednesday told a Senate panel that if the entire gold business in the country was documented, the ban on its import could be lifted. The Senate Standing Committee on Commerce, which was held under the chairmanship of PTI Senator Zeeshan Khanzada, was further told that the main obstacle…
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Gold hits new high of Rs170,900 per tola in Pakistan on safe-haven buying
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[ad_1] An image of gold necklace showcased in a jewellery shop. — AFP/File Amid constant depreciation of rupee against the US dollar, gold and silver continued to shined in Pakistan, rising to their all-time high levels on Wednesday. Gold prices registered a meagre gain of Rs100 per tola and Rs86 per 10 grams to settle…
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Gold races back to fresh high of Rs170,800 per tola in Pakistan
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[ad_1] A customer holds gold jewellery at a jewellery showroom on May 3, 2022. — AFP/File In line with a massive surge in the international market, the gold price jumped by Rs2,000 per tola in Pakistan, surpassing a major threshold of Rs170,000 per tola for the first time in the country. Earlier, the All Pakistan…
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New day, new high: Gold hits Rs169,650 per tola
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[ad_1] A representational image of gold bangles. — AFP/File Amid the shortage of dollars in the country, investors shifted their focus toward gold consequently its price in Pakistan reached a historic high of Rs169,650 per tola on Monday. Price of per tola gold surged by Rs2,350 to an all-time high as investors continued to take…
