Gold ‘best investment’ option for beginners in 2024

Image of bars of gold. — Pixabay Looking to invest but don’t know where to go. Fret not, as you’ve arrived at the right place. Regardless of the amount of money you have, diversifying your portfolio and investing in different mediums is a great option, GOBankingRates reported. Here are some of the reasons why gold is […]

Gold surges to record highs before pulling back

A trader displays gold bangles at a jeweller shop in this undated photo. —  AFP file Gold prices increased dramatically on Monday, surging beyond expectations to reach an all-time high of $2,135.39 per ounce, beating the previous record of August 2020. The precious metal’s climb was rapid, leaping by more than 3% in Asian markets. […]

Gold surges to 3-month high at Rs221,000 per tola | The Express Tribune

KARACHI: The price of gold hit a three-month high at Rs221,000 per tola (11.66 grams) in Pakistan, following a global trend, as the domestic currency remains largely stable at around Rs285 against the US dollar in the interbank market on Wednesday. With the latest increase of Rs2,600 per tola in the day, the precious metal […]

Gold rate released in Pakistan after a month’s hiatus

An undated image of gold jewellery displayed at a store. — AFP/File The rate of gold was released by the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA) on Tuesday after a month’s hiatus and the price of the bullion slipped below Rs200,000 per tola. The price of gold (24 carats) decreased by Rs15,500 per tola […]

Crackdown pulls down gold price sharply | The Express Tribune

KARACHI: The price of gold has dropped sharply in the domestic market in the wake of stern action against the mafia involved in illegal activities. Since the crackdown on illicit trade, the price of gold has come down by a whopping Rs27,000, reaching Rs188,000 per tola. The local gold pricing body has not been releasing […]

Gold gains lustre after multi-session decline in Pakistan

A trader displays gold bangles at a jeweller shop in this undated photo. — AFP Gold prices broke a seven-session losing streak and the precious metal gained some value in Pakistan despite a decline in international prices. The per tola price of 24 karat gold increased by Rs5,600 and was sold at Rs215,000 today compared […]

Gold continues to lose value in Pakistan as rupee appreciates

Price of gold in the international market increases by $7 to $1,926 from $1,919. — AFP/File ISLAMABAD: As the rupee gained ground against the US dollar the per tola price of 24 karat gold declined by Rs2,600 and was sold at Rs209,400 on Monday compared to the Rs212,000 close it did last week. The price […]

Gold continues downward journey in Pakistan for fifth straight day

An updated image of gold jewellery displayed at a store. — AFP Prices of gold in the domestic market remained under pressure and continued their free fall for the fifth consecutive day on Friday. According to data released by the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of the yellow metal (24 karat) […]

Gold continues downward journey for fourth straight day

Gold bangles are displayed at a jewellery store in this undated file photo. — AFP KARACHI: The domestic gold prices continued its losing streak for the fourth consecutive day on Thursday, in line with the international rates. According to data released by the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the domestic price of the […]

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