New Delhi: Gold and silver prices witnessed a sharp surge in the domestic market this week, tracking strong gains in global bullion markets. Gold prices rose by around Rs 4,000 per 10 grams, while silver prices jumped by nearly Rs 17,000 per kilogram. According to data from the India Bullion and Jewellers Association (IBJA), the…
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A significant drop of Rs. 4,700 per tola in gold prices was recorded in the local market today. According to the All Sarafa Association, after this decline, the price of gold per tola in Pakistan now stands at Rs. 301,500. Similarly, the price of 10 grams of gold decreased by Rs. 4,030, reaching Rs. 258,487….
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After back-to-back gains, gold prices in Pakistan declined on Saturday in line with the decrease in the international rates. In the local market, the price of gold per tola lost Rs2,000, clocking in at Rs261,500. The 10-gram gold was sold at Rs224,194 after it registered a decrease of Rs1,714, according to rates shared by the…
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New Delhi: Gold consistently reduces portfolio volatility while improving returns, even with increased allocation. By simulating portfolio performance with varying allocations of gold (2.5 per cent to 10 per cent), it’s evident that the metal bolsters return without adding significant risk, according to World Gold Council. On the other hand, Bitcoin shows diminishing returns as…
Gold prices continued to slide downward in Pakistan for the sixth successive session on Saturday. Gold price per tola hit Rs238,000 after a single-day fall of Rs1,600. The 10-gram gold was sold at Rs204,047 after a decrease of Rs1,257, according to the rates shared by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA). On…
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Gold prices advanced in Pakistan on Thursday in line with increase in the international rate. The yellow metal was priced at Rs215,700 per tola after gaining Rs900 during the day. The 10-gram gold was sold at Rs184,928 after an increase of Rs772, according to rates shared by the All Pakistan Gems and Jewellers Sarafa Association…
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