Gold, Silver Hit Record Highs as Safe-Haven Demand Surges

Gold, silver hit record highs as safe-haven demand surges

Gold prices in Pakistan surged to a new all-time high on Monday, tracking a sharp rally in the international market where the precious metal touched record levels amid renewed safe-haven demand. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold rose by Rs5,500 per tola to settle at Rs428,200, while 10-gram gold was sold at Rs367,112, up by Rs4,715. The rally follows a weekend increase, when the yello…

Gold hits record high on safe-haven rush; silver follows suit

Investors continue to anticipate a 25-basis-point rate cut at the Fed meeting this month, followed by a similar reduction in December

Gold and Silver surge to new records amid safe-haven rush

Gold & silver are flying today coming off a profit taking pullback on Friday.

Gold in Pakistan hits record high, gains Rs5,500 per tola

Gold prices in Pakistan increased on Monday in line with their gain in the international market. In the local market, gold price per tola reached Rs428,200, a new all-time high, after an increase of Rs5,500 during the day. As per the rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), 10-gram gold was sold at Rs367,112 after it accumulated Rs4,715. On Saturday, gold price per tola increased by Rs2,100 to settle at Rs…

Gold prices hit new highs in Pakistan

Gold prices in Pakistan climbed to new record highs on Monday. Investors chose gold as a safe option due to fresh tensions between the US and China. Many also expect the US Federal Reserve to lower interest rates soon. The price of gold per tola rose by Rs. 5,500 during the day. It reached Rs. 428,200, said the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). Prices for 10 grams of gold also increased by Rs. 4,715, closing at Rs. 367…

Gold hits new heights. What is pushing up the price?

From cryptocurrencies to Treasury bonds, there are all kinds of places to invest your cash in 2025. So, why is gold — one of the oldest investment vehicles in history — reaching record prices? Northeastern University economist Bob Triest says some things are classic. “Gold is a classic safe-haven asset,” says Triest, professor of economics […] The post Gold hits new heights. What is pushing up the price? appeared first on Knowridge Science Repor…