gold
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Gold surges to 3-month high at Rs221,000 per tola | The Express Tribune
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[ad_1] KARACHI: The price of gold hit a three-month high at Rs221,000 per tola (11.66 grams) in Pakistan, following a global trend, as the domestic currency remains largely stable at around Rs285 against the US dollar in the interbank market on Wednesday. With the latest increase of Rs2,600 per tola in the day, the precious…
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Black Friday: Was it 1869 US gold market crash or slaves’ clearance sale that started this tradition?
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[ad_1] Shoppers buy TV sets at a supermarket during a Black Friday sale in Sao Paulo, Brazil, November 23, 2023. — AFP When the phrase “Black Friday” was originally used, it wasn’t in reference to the post-Thanksgiving holiday shopping spree, but rather to the financial crisis, namely the September 24, 1869, crash of the US…
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Gold rate released in Pakistan after a month’s hiatus
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[ad_1] An undated image of gold jewellery displayed at a store. — AFP/File The rate of gold was released by the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA) on Tuesday after a month’s hiatus and the price of the bullion slipped below Rs200,000 per tola. The price of gold (24 carats) decreased by Rs15,500 per…
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Crackdown pulls down gold price sharply | The Express Tribune
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[ad_1] KARACHI: The price of gold has dropped sharply in the domestic market in the wake of stern action against the mafia involved in illegal activities. Since the crackdown on illicit trade, the price of gold has come down by a whopping Rs27,000, reaching Rs188,000 per tola. The local gold pricing body has not been…
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Gold gains lustre after multi-session decline in Pakistan
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[ad_1] A trader displays gold bangles at a jeweller shop in this undated photo. — AFP Gold prices broke a seven-session losing streak and the precious metal gained some value in Pakistan despite a decline in international prices. The per tola price of 24 karat gold increased by Rs5,600 and was sold at Rs215,000 today…
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Gold continues to lose value in Pakistan as rupee appreciates
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[ad_1] Price of gold in the international market increases by $7 to $1,926 from $1,919. — AFP/File ISLAMABAD: As the rupee gained ground against the US dollar the per tola price of 24 karat gold declined by Rs2,600 and was sold at Rs209,400 on Monday compared to the Rs212,000 close it did last week. The…
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Gold continues downward journey in Pakistan for fifth straight day
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[ad_1] An updated image of gold jewellery displayed at a store. — AFP Prices of gold in the domestic market remained under pressure and continued their free fall for the fifth consecutive day on Friday. According to data released by the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of the yellow metal (24…
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Gold continues downward journey for fourth straight day
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[ad_1] Gold bangles are displayed at a jewellery store in this undated file photo. — AFP KARACHI: The domestic gold prices continued its losing streak for the fourth consecutive day on Thursday, in line with the international rates. According to data released by the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the domestic price of…
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Gold continues its downward spiral in Pakistan
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[ad_1] An undated file image of gold sets displayed at a jewellery store. — AFP/File KARACHI: Domestic gold prices continued a downward streak for the second consecutive day on Tuesday as the local unit depreciated by 0.48% or Rs1.46 against the greenback in the interbank market. According to data released by the All-Pakistan Sarafa Gems…
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Gold rates gain over Rs3,000 per tola as rupee takes a hit
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[ad_1] The picture shows gold necklaces. — AFP/File KARACHI: Gold rates saw a major increase in Pakistan on Monday as the rupee took a hit against the dollar while the international prices also saw a minor gain. The price of gold (24 carats) increased by Rs3,100 per tola and Rs2,658 per 10 grams to settle…
