Gold | Pakistan

KARACHI: Gold prices in both international and local markets surged to record highs on Monday, driven by expectations of further US interest rate cuts and rising demand for safe-haven assets amid global uncertainty. According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the international gold price rose by $34 to reach $3,719 per ounce. In the domestic market, the price of 10 grams (24kt) increased by Rs2,915 to Rs337,534, while one tola rose by Rs3,400 to Rs393,700. Silver also followed the upward trend. The domestic rates for 10 grams and one tola (24kt) climbed to Rs3,939 and Rs4,595 respectively, reflecting increases of Rs54 and Rs63. The international silver price stood at $43.68 per ounce. Gold dealers attributed the sharp rise to global developments, citing recent international media reports. The US Federal Reserve last week cut its benchmark interest rate by 25 basis points — its first reduction since December — triggering speculation about further easing, which typically suppor...

ISLAMABAD: Gold rates have continued to rise in Pakistan, with a further increase recorded on Monday, 21 July 2025, according to the All Pakistan Sarafa Gems and Jewellers Association. The price of 24 karat per tola gold increased by Rs3,600 and was traded at Rs361,200 on Monday as compared to its sale at Rs357,600 on […]

June 9, 2025: Gold prices edged higher on Monday, supported by a weaker US Dollar (USD), as market participants kept a close eye on the ongoing U.S.-China trade talks. Spot gold rose 0.6% to $3,329.70 an ounce, as of 1128 ET (1528 GMT), after dropping to a more than one-week low earlier in the session. […]