Gold Falls 1.5% on Strong Dollar and Rising Oil Prices
Gold prices fell about 1.5% on Monday as a stronger US dollar and higher energy prices lowered hopes for near-term interest rate cuts. Spot gold fell 1.5% to $5,091.02 per ounce at 0233 GMT, while US gold futures for April delivery dropped 1.2% to $5,097.40. The US dollar reached a three-month high, making gold more […]
Gold Prices Climb as Investors Seek Stability
Gold prices rose over 1% on Wednesday, recovering from a more than one-week low reached in the previous session. Spot gold climbed to $5,168.69 per ounce, while US gold futures for April delivery increased to $5,178.40. The rise reflects investors turning to secure assets amid global market uncertainty. Earlier, gold had fallen more than 4%, […]
Gold Surges by Rs. 13,300 per Tola
Gold prices in Pakistan rose sharply on Monday, following gains in the international market. The price of 24-karat gold increased by Rs. 13,300 per tola to reach Rs. 563,862, while 10-gram gold rose by Rs. 11,402 to Rs. 483,420, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). Silver also moved higher, with per-tola […]
Gold Demand Rises as Markets Stay Uncertain
Gold prices climbed on Monday as investors sought secure investments amid growing uncertainty in global financial markets. Spot gold gained about 1.3% to trade near $5,349 per ounce, touching its highest level in more than four weeks during early trading. US gold futures also moved higher, rising over 2% to around $5,362 per ounce. Analysts […]
Gold Prices Rise Amid Uncertainty Over US Trade Policies
Gold prices rose on Wednesday as investors turned to the metal for safety amid uncertainty over U.S. trade policies. During Asian trading hours, demand for gold increased after the US Supreme Court struck down several tariff measures introduced by President Donald Trump. This decision has created confusion about the future direction of US tariff policy. […]