gold
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Gold edges down as investors keep an eye on political, economic developments
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[ad_1] An image of gold necklace showcased in a jewellery shop. — AFP/File KARACHI: Gold prices inched lower on Friday amid a lack of clear direction as investors continued to assess the developments on the economic and political front. Analysts believe gold could remain volatile until there’s clear direction as the price for local markets…
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Gold gains as political woes persist amid PTI’s long march
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[ad_1] A representational image of gold bangles. — AFP/File KARACHI: Gold continued to shine in the domestic market for the fourth consecutive day on Wednesday amid political uncertainty and the PTI’s ongoing long march toward Islamabad. Gold is often seen as an alternative investment during times of political and financial uncertainty. Cumulatively, the precious commodity has…
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Gold rallies near 3.5-month peak on flight to safety
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[ad_1] People buy jewellery at a jewellery store in Amritsar on October 22, 2022. — AFP/File KARACHI: Gold prices hit their highest level since August 1 on Tuesday, as demand was boosted by worries over the depreciating rupee and hopes of more stimulus measures to combat the economic blow. Data released by the All Pakistan…
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Gold flat as investors seek rupee’s direction
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[ad_1] A female customer tries on a gold necklace at a Senco Gold and Diamonds jewellery showroom in Mumbai on October 22, 2022. — AFP/File KARACHI: Gold prices remained subdued on Monday as investors remained on the sidelines keeping a close watch on the rupee-dollar parity. The price of gold edged upward by Rs100 per…
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Gold shines, jumps Rs2,250 per tola in Pakistan
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[ad_1] A representational image of gold bangles. — AFP/File KARACHI: The gold price in Pakistan jumped over Rs2,000 per tola surpassing the key level of Rs155,000 per tola in line with a surge in demand due to the wedding season. Data released by the All Pakistan Sarafa Gems and Jewellers Association (APSGJA) showed that the…
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Gold price settles at Rs151,800 per tola in Pakistan
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[ad_1] A representational image of gold bangles. — AFP/File KARACHI: Gold price rose by Rs600 per tola in Pakistan despite the appreciation of the Pakistan rupee against the US dollar and a decline in international prices. Data released by the All Pakistan Sarafa Gems and Jewellers Association (APSGJA) showed that the price of gold rose…
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Gold falls by Rs600 per tola in Pakistan
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[ad_1] A representational image of gold bars. — AFP/File KARACHI: The mounting political turmoil and uncertainty caused by the PTI’s long march on Islamabad hit gold prices as the precious commodity witnessed a decline Saturday. The precious metal, however, secured a weekly gain of nearly 4%. All Pakistan Sarafa Gems and Jewellers Association’s (APSGJA) data…
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Gold continues to rise as political uncertainty grips country
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[ad_1] A representational image of gold bars. — AFP/File KARACHI: Gold continued to shine in the domestic market for the fourth consecutive day on Tuesday amid political uncertainty and the PTI’s ongoing long march on Islamabad. Data released by the All Pakistan Sarafa Gems and Jewellers Association (APSGJA) showed that the price of the gold…
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Gold soars to Rs151,000 per tola amid political unrest
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[ad_1] Gold bars. — AFP/file KARACHI: Gold maintained its winning streak in the local market for the third consecutive day on Tuesday as political turmoil gripped the county since PTI Chairman Imran Khan announced to march towards Islamabad. The price of the precious metal rose by Rs800 per tola and Rs686 per 10 grams to…
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Gold continues to glitter, price soars above Rs150,000-threshold
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[ad_1] A representational image of gold bangles. — AFP/File KARACHI: Gold surpassed the crucial Rs150,000 threshold in Pakistan on Wednesday with a rise of 1.2% as political uncertainty diverted investors’ attention towards safe-haven assets. Data released by the All Pakistan Sarafa Gems and Jewellers Association (APSGJA) showed that the price of the precious metal rose…
