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- MARKETS
Gold price drops by Rs2,100 per tola in Pakistan as international rate falls
Gold price per tola in Pakistan dropped by Rs2,100 to Rs439,936 on Monday, with 10-gram gold sold at 377,174 after a decrease of Rs1,800, as the international rate was down $21 at $4,174 per ounce.
- MARKETS
Gold edges higher as markets await US inflation data
Spot gold rose 0.3% to $4,206.01 an ounce, supported by a softer dollar and lower oil prices, as traders look to US CPI and PPI figures this week for signals on Federal Reserve policy.
MARKETSChina's central bank extends gold buying streak to 23 months
The People's Bank of China raised its gold holdings to 77.47 million fine troy ounces at the end of September, a 23rd straight month of purchases, even as the value of those reserves fell with prices.
- MARKETS
Gold price in Pakistan rises Rs5,900 per tola to Rs440,936
Gold in Pakistan gained Rs5,900 per tola on Friday to Rs440,936, according to the All-Pakistan Gems and Jewellers Sarafa Association, as international gold rose $59 an ounce.
- MARKETS
Gold firms as dollar softens, Fed rate path in focus
Spot gold rose 0.9% to $4,169.32 an ounce as a softer dollar and easing Treasury yields supported bullion, with traders weighing inflation risks against the Federal Reserve's next move.
- MARKETS
Gold recovers from two-month low as dollar rally stalls
Spot gold rose 0.5% to $4,132.66 an ounce as the dollar eased from an 18-month peak, though traders still price an 80% chance of a December Federal Reserve rate rise.
- MARKETS
Gold falls Rs3,100 per tola in Pakistan as international rate slips
Gold price per tola in Pakistan fell Rs3,100 to Rs434,436 on Wednesday, APGJSA rates showed, tracking a $31 drop in the international price to $4,119 an ounce. Silver also declined.
MARKETSGold holds at Rs437,536 per tola in Pakistan as global rate steadies
Local gold prices were unchanged on Tuesday at Rs437,536 per tola after Monday's Rs1,200 gain, according to the All-Pakistan Gems and Jewellers Sarafa Association. Silver also held at Rs6,588 per tola.
MARKETSGold eases as firmer dollar and higher Treasury yields weigh
Spot gold slipped 0.3% to $4,128.69 an ounce as a firm dollar and rising Treasury yields pressured prices, with traders still pricing an 87% chance of a December Fed increase.
MARKETSGold price rises Rs1,200 per tola in Pakistan as silver hits record
Gold price per tola rose Rs1,200 to Rs437,536 in the local market on Monday, tracking a $12 gain in the international rate, while silver set a new all-time high of Rs6,588 per tola.
MARKETSGold falls Rs4,300 per tola in Pakistan as global prices slip
24-karat gold fell Rs4,300 to Rs436,336 per tola, with 10 grams down Rs3,687 to Rs374,087, after international gold dropped $43 an ounce to $4,138.
- MARKETS
Gold rises as expectations of an October Fed rate hike fade
Spot gold gained 0.4% to $4,158.17 an ounce after weaker US jobs data cut the odds of an October Federal Reserve increase, though traders still price a December move.
MARKETSGold and silver prices fall in Pakistan and international markets
Local gold fell by Rs4,300 per tola to Rs436,336 and 10-gram gold dropped by Rs3,687 to Rs374,087, APGJSA rates showed, as international gold fell by $43 per ounce to $4,138.
MARKETSGold falls Rs3,000 per tola in Pakistan as global prices decline
Gold in Pakistan fell Rs3,000 per tola to Rs438,636 on Thursday, tracking a $30 decline in the international rate to $4,161 an ounce, according to the All-Pakistan Gems and Jewellers Sarafa Association.
- MARKETS
Gold edges higher as softer US inflation cools October rate-hike bets
Spot gold rose 0.5% to $4,175.19 an ounce after a softer US inflation print pared bets on an October Federal Reserve increase, though traders still price a December move.
MARKETSGold gains Rs4,300 per tola in Pakistan as global rate rises
Gold price per tola in Pakistan reached Rs441,636 after rising Rs4,300 on Wednesday, according to the All-Pakistan Gems and Jewellers Sarafa Association.
- MARKETS
Gold heads for monthly loss as investors await US inflation data
Spot gold was little changed at $4,180.30 an ounce but has lost 6% this month, with the dollar on track for a monthly gain and US PCE inflation data due on Wednesday.
- MARKETS
Gold steadies near seven-week low as investors await US data
Spot gold was little changed at $4,124.57 per ounce after touching its lowest since August 5, as markets weigh the odds of a Federal Reserve rate hike in October.
MARKETSGold falls Rs12,800 per tola in Pakistan as international price slips
Gold in Pakistan fell Rs12,800 to Rs438,136 per tola on Monday, the All-Pakistan Gems and Jewellers Sarafa Association said, as the international rate dropped $128 to $4,156 an ounce.
- MARKETS
Gold falls more than 1% as oil-driven inflation bets lift rate-hike odds
Spot gold fell 1.5% to $4,223.95 an ounce, with US futures at $4,257.90, as rising oil prices stoked inflation concerns and reinforced expectations of further Federal Reserve rate increases.
