gold
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Gold prices rise globally and locally amid market shifts | The Express Tribune
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[ad_1] Gold prices have experienced a notable increase both globally and locally, reflecting significant movements in the precious metals market. On the international bullion market, the price of gold per ounce has risen by $10, reaching a new level of $2,500. This upward trend signifies a strengthening demand for gold as a safe-haven asset. In…
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Gold price decreased in both global and local markets | The Express Tribune
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[ad_1] Listen to article The price of gold has dropped in both global and local markets. The price of gold in the local markets has carried its downwards trend from the previous week. The price of 24-karat gold per tola has fallen by 1,100 rupees to 260,400 rupees. Similarly, the price of gold per 10 grams has decreased…
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Gold hovers near record highs ahead of US inflation data release | The Express Tribune
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[ad_1] Listen to article Gold prices remained near record highs on Friday, poised for a monthly gain amid US rate-cut expectations and geopolitical uncertainty. Spot gold was up 0.1% at $2,523.59 per ounce, close to the August 20 peak of $2,531.60. It has risen over 3% this month. US gold futures slipped 0.1% to $2,556.70. In the Middle East,…
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Gold hits record high at Rs263,700/tola | The Express Tribune
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[ad_1] KARACHI: Gold prices in Pakistan soared to a new record high of Rs263,700 per tola (11.66 grams) on Saturday, marking a fresh increase of Rs1,700, according to the All Pakistan Sarafa Gems and Jewellers Association. The metal pricing body reported that this latest rise follows a $20/ounce (31.10 grams) increase in global gold prices,…
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Gold rate continue to climb locally despite global market decline | The Express Tribune
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[ad_1] Listen to article Gold prices in Pakistan have continued their upward trend, even as global rates have seen a decline for the second consecutive day. On Friday, the price of 24-carat gold in Pakistan increased by Rs200 per tola, pushing the new rate to Rs262,000. The price of 10 grams of gold also saw a rise…
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Gold prices hit record highs in Pakistan amid global market surge | The Express Tribune
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[ad_1] Gold prices hit an all-time high on August 16, 2024, propelled by a weaker US dollar and expectations of a potential interest-rate cut by the Federal Reserve. The metal’s appeal was further amplified by ongoing geopolitical tensions, particularly in the Middle East, which heightened demand for safe-haven assets. Spot gold increased by 1.7% to…
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Gold rises to record high, rupee falls | The Express Tribune
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[ad_1] KARACHI: Gold price hit an all-time high at Rs257,700 per tola (11.66 grams) in line with the global trend on Tuesday while the Pakistani rupee slightly weakened to Rs278.70 against the US dollar in the inter-bank market. According to the All Pakistan Sarafa Gems and Jewellers Association, bullion surged Rs1,200 per tola in a…
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Local gold prices fall by Rs500 per tola amid drop in global rates | The Express Tribune
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[ad_1] In local markets, the price of 24-carat gold per tola fell by Rs500, dropping to Rs246,000 from Rs246,500. This decrease reflects the significant drop in the international bullion market, where gold prices declined by $17 to settle at $2,400 per ounce. This decline followed a previous decrease of $16, which had brought the price…
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Gold prices tumble after reaching record high | The Express Tribune
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[ad_1] In the international bullion market, the price of gold per ounce dropped by $16, bringing it down to $2,417 from the previous price of $2,433. Consequently, in local markets on Monday, the price of 24-carat gold per tola decreased by Rs300, settling at Rs256,500. Similarly, the price of 10 grams of gold saw a…
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Gold prices dip in international and local markets | The Express Tribune
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[ad_1] Gold prices have decreased in both international and local markets, as reported by industry sources. The dip came a day after gold surged to a new all-time high of Rs257,300 per tola (11.66 grams) in Pakistan. The surge was attributed to weaker US employment data and escalating political tensions in the Middle East. According…
