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Weak Dollar Drives Gold to Record Global Highs
Global gold prices scaled a record peak on Tuesday, with international markets driving the surge seen across Pakistan’s bullion trade. Spot gold briefly touched $3,689.27 per ounce, supported by a weaker US dollar and expectations that the Federal Reserve will lower interest rates later this week. As of 0326 GMT, spot gold held steady at…
Gold Prices Witness Big Drop
Gold Prices in Pakistan on Friday witnessed a massive drop of Rs 4578 to Rs 420,600 per tola. The price of 10 gram 24kt dropped by Rs 3924 to Rs 360597. The price of 10 gram 22 kt has remained steady. The price of gold in international market also also witnessed a decline of $44…
Jewellery exporters warn of collapse as gold SRO delay drags on
Pakistan’s jewellery exports have remained suspended for over six months as the Prime Minister’s Office stalls approval of a key gold trade regulation. This leads to exporters to warn of economic devastation. According to a report, the All Pakistan Small Gems Jewellers & Tools Association (APSGJTA) has issued a stark warning “economic murder” of Pakistan’s…
Gold Prices Declined by Rs 2500
The per tola gold prices in Pakistan witnessed a decline of Rs 2500 on Thursday to Rs 407778 after reaching to historical level the day earlier. The gold rate in Pakistan had touched Rs 410278 after a gain of Rs 3500 on Wednesday.
Gold Prices in Pakistan Drop by Rs 1000 Per Tola
The gold prices in Pakistan on Friday witnessed a decline of Rs 1000 per tola to Rs 395800 per tola after registering a peak during the last few days. On Thursday, the gold prices also declined by Rs 2000 per tola to Rs 396800.
Silver Prices Made Record Increase
Silver Prices in Pakistan on Monday made a record increase of Rs 147 per tola to Rs 5247 in line with fluctuation in global prices.
