Tag: safe haven
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Gold price in Pakistan is currently Rs5,000 higher than global market rate
The price of gold continued to increase in Pakistan on Monday, following the gains of last week. According to the All Pakistan Sarafa Gems and Jewellers Association, the rate of 24-carat gold rose by Rs2,000 per tola and Rs1,714 per 10 grammes, settling at Rs237,300 and Rs203,446, respectively.
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Gold price in Pakistan increases to Rs209,500 per tola on weak rupee and global trends
Gold prices in Pakistan increased on Monday, following global trends and a potential boost from a weakening rupee. As a result, yellow metal became more expensive, prompting traders to be cautious on the eve of a monetary policy meeting. According to data released by the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of…
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Gold price hits record high as economic conditions push people to buy precious metals
On Thursday, the price of gold increased by 1.4 per cent to break the Rs166,000 per tola barrier as it proceeded to set new milestones. According to figures provided by the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of gold increased by Rs2,250 per tola and Rs1,929 per 10 grams to settle…
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Gold price hits an all-time high of Rs163,500 per tola in Pakistan
In line with the continuous increase in global prices, the price of gold in Pakistan rose by another Rs750 per tola on Friday, hitting an all-time high of Rs163,500. According to information provided by the All Pakistan Sarafa Gold and Jewellers Association (APSGJA), the price of gold for a tola settled at Rs163,500. The price…