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Gold prices in Pakistan saw a sharp increase, with 24-karat gold rising by Rs.2,300 per tola, reaching Rs.288,700 on Wednesday. This surge follows global trends, where gold continues to act as a safe-haven asset amid economic uncertainty. Gold Rates Increase Across Markets The price of 10 grams of 24-karat gold also rose by Rs.1,972, reaching …
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Gold prices, after reaching record highs, have slightly dropped in both international and local markets. The recent fluctuation in gold prices has drawn significant attention, particularly after the surge to historic levels just a day earlier. International Gold Prices Slip In the global bullion market, the price of gold per ounce decreased by $2, settling …
The Reko Diq copper and gold project in Pakistan is expected to generate an impressive $74 billion in free cash flow over 37 years, according to Barrick Gold CEO Mark Bristow. Project Overview Reko Diq, located in Balochistan, is a joint venture between Barrick Gold (holding a 50% stake) and the governments of Pakistan and …
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Gold prices have maintained a bullish trajectory, benefiting from the Federal Reserve’s recent dovish stance. After hitting a five-week high earlier this week, the yellow metal eased slightly on Friday due to profit-taking. Despite this dip, gold remains well-positioned for gains, supported by expectations of further policy easing and weak U.S. economic data. Fed Rate …
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KARACHI: Gold prices in Pakistan continued to decline for the second consecutive day on Tuesday, reflecting a similar trend in global markets. The price per tola fell by Rs1,400, closing at Rs277,900 in the local market. The price of 10 grams of gold also dropped by Rs1,201, ending at Rs238,254, according to the All-Pakistan Gems …
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Karachi: In the global market, gold prices decreased by $14, bringing the rate to $2,661 per ounce. Meanwhile, in the local Sarafa (jewelry) market, the price of gold fell by Rs. 1,400 per tola, now standing at Rs. 277,900 per tola. Similarly, the price of 10 grams of gold dropped by Rs. 1,201, reaching Rs. …
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Gold prices in Pakistan have risen sharply, continuing their upward trajectory. The rate of one tola gold increased by Rs. 2,200, reaching Rs. 276,900 in local markets. Similarly, the price of 10 grams of gold climbed by Rs. 1,886, now standing at Rs. 237,397. This surge mirrors international market trends, where gold prices rose by …
Continue reading “Gold Prices Hit Record High in Pakistan on Friday”
Gold prices in Pakistan experienced a major drop after consistent hikes earlier this week. According to the All Pakistan Gems and Jewellers Association, the price of gold per tola decreased by Rs. 5,000. Following the reduction, the new price for one tola of gold stands at Rs. 277,800. This decline brought relief to investors and …
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Gold prices in Pakistan reached record levels on Wednesday, December 11, 2024. According to the Pakistan Sarafa Market, the price for 24-karat gold stands at Rs. 284,200 per tola. The rate for 10 grams of 24-karat gold is Rs. 243,660, while the price per gram is Rs. 24,366. These rates reflect increasing demand for gold …
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Gold prices experienced a notable dip on Saturday, both internationally and in local markets, signaling an opportunity for buyers amid fluctuating market conditions. The keyword gold prices captures the central theme of this market shift. Global Gold Rates Drop In the international bullion market, gold prices fell by $3 per ounce, settling at $2,632. This …
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Gold prices have risen both globally and locally, reflecting fluctuations in international markets. In the global bullion market, the price of gold per ounce saw an increase of $7, bringing it to $2,640. This rise comes amid ongoing changes in the global economic landscape, affecting investors and traders worldwide. In the local market, gold prices …
Continue reading “Gold Prices Surge Globally and Locally, PSX Sees Positive Gains”
Gold prices are continuing their upward trend in both international and local markets. In the international bullion market, the price of gold per ounce increased by $8, reaching $2,631. Meanwhile, the local gold market also witnessed a sharp rise. The price of gold per tola surged by 800 rupees, hitting 274,300 rupees. Similarly, the price …
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Gold prices in Pakistan saw a significant rise on Tuesday, following an upward trend in global markets. The price of gold per tola increased by Rs3,600, reaching Rs273,500, according to the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA). Similarly, the price of 10-gram gold rose by Rs3,086, settling at Rs234,482. This increase comes on the …
Continue reading “Gold Prices Hit Rs 273,500 per Tola Amid Global Market Rally”
Gold prices fell in Pakistan on Monday, according to FXStreet data. The price per gram of gold dropped to PKR 24,435.33, compared to PKR 24,572.89 on Friday. The latest figures reveal a downward shift in the market. Significant Price Decrease for Tola The price for a tola of gold, a common unit used in Pakistan, …
For the second day in a row, gold prices have declined in both international and local markets. In the global bullion market, the price per ounce dropped by $8, settling at $2,726. This downward trend reflects ongoing fluctuations in the precious metals market amid broader economic shifts. In local markets, the price of 24-karat gold …
KARACHI: Gold surged by Rs2,000 on Wednesday, reaching a new all-time high of Rs285,400 per tola (11.66 grams). This marked the seventh consecutive day of record-breaking gains, driven by global market trends. Meanwhile, the Pakistani rupee remained stable against the US dollar at Rs277.73 in the inter-bank market for the second day in a row. …
Continue reading “Gold Hits Record High in Pakistan as Global Prices Surge”
Gold prices have surged sharply in both global and local markets. On Wednesday, local gold markets reported a notable increase in prices. The cost of 24-carat gold per tola rose by Rs2,200, bringing the total to Rs277,200. Meanwhile, the price per 10 grams increased by Rs1,886, reaching Rs237,654. In the international bullion market, gold prices …
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Inflation rates are increasing day and day and so is the price of gold. The price of gold has witnessed a spike recently. Gold prices rose and became Rs. 3300 per tola in Pakistan breaking all the previous records. However, gold prices remained unchanged in the international bullion market but broke records in Pakistan on …
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