Stories tagged “Gold.”
30 stories
Gold prices have risen sharply in August, driven by macroeconomic factors such as the falling likelihood of Federal Reserve interest rate hikes and a weaker US dollar. This trend is expected to continue, with some analysts predicting gold will reach $5,000 again in the fi…
Gold & Silver Prices Remain Stable for Today After High Volatility
Gold and silver prices in Pakistan remain stable today after high volatility in the international market. The prices are affected by the stalled US-Iran negotiations and the subsequent increase in global oil prices.
The UK's Financial Conduct Authority (FCA) is developing new rules for tokenized gold as part of a broader digital asset strategy to maintain London's leading position in global gold trading.
The UK's Financial Conduct Authority (FCA) is reportedly developing a regulatory framework for tokenized gold, including its potential use as collateral in wholesale markets.
Gold prices in Pakistan rose by Rs5,100 per tola to Rs454,336, following a sharp increase in international bullion markets. The price of 10 grams of gold increased by Rs4,372 to Rs389,519.
Lower Oil Prices Lend Support For The Gold Rally
Lower oil prices have lent support to the gold rally, with gold surging above $4,800 an ounce. The decline in oil prices has driven safe-haven demand for gold, with central banks continuing to buy gold despite a decline in purchases in 2025.
Gold prices increased in Pakistan on August 3, 2026, following an upward trend in the international bullion market. The price of 24-karat gold per tola rose by Rs1,700 to settle at Rs428,436.
Gold and silver prices in Pakistan experience fluctuations based on international market trends. Current prices are Rs. 4,21,575 for 24K gold and Rs. 6,010.2 for silver per tola.
Tether reported $1.5 billion in net operating profit for the second quarter of 2026, even as its reserve buffer fell by about half to $4.11 billion. The stablecoin issuer increased its gold holdings to roughly 146.2 metric tons and its bitcoin stash to 98,933 BTC.
Tether reported a $1.5 billion net operating profit for Q2 2026, with its reserves exceeding liabilities by $4.11 billion and USDT in circulation reaching $184.6 billion. The company added 14 metric tons of gold during the quarter, bringing its holdings to over 146 metric…
Omnichannel jewellery retailer Bluestone has partnered with digital gold platform SafeGold to launch a gold-monetisation initiative that converts offline household gold holdings into yield-bearing digital assets.
Gold prices inched lower on Wednesday as the dollar held firm and market participants awaited the Federal Reserve's policy decision for clues on inflation and the path of U.S. interest rates.
South African rand holds steady ahead of Fed decision
The South African rand showed little movement on Tuesday as a stronger dollar and declining gold prices weighed on the currency before the U.S. Federal Reserve’s upcoming policy decision.
The Pakistan Stock Exchange (PSX) witnessed a robust recovery on Monday, with the benchmark KSE-100 Index rebounding sharply after last week’s weakness. The index settled at 178,262.33 points, registering a gain of 7,241.13 points (+4.23 percent), as broad-based buying an…
Gold futures saw positive traction on Monday, July 27, 2026, opening up 0.7% as a pause in U.S.-Iran hostilities eased geopolitical tensions and oil prices. This marks a rare period of positive performance across daily, weekly, monthly, and yearly metrics.
Gold prices in Pakistan surged on Monday, with the price of one tola rising by Rs4,000, following an increase in international bullion markets.
Gold rose on Friday, with the precious metal nearing $4073 an ounce, as Brent crude fell 4% after surging above $100 a barrel for the first time since May. The move came as investors grappled with a mix of factors, including high US Treasury yields, a strong dollar, and c…
The federal government's deficit has expanded the national debt to $39.64 trillion, with interest costs totaling $857 billion in the first nine months of fiscal year 2026. This translates to $95.2 billion per month or $737 monthly per household.
Gold prices in Pakistan increased on Saturday, following gains in the international bullion market. The price of 24-karat gold per tola rose by Rs300 to Rs427,736, while the price of 10 grams of 24-karat gold also rose by Rs257 to Rs366,714.
4,000 Gold Is Changing Lives Across Central Asia
Gold prices have surged to $4,000 per ounce, transforming lives in Central Asia. The region's gold mining industry is booming, with countries like Uzbekistan and Kazakhstan benefiting from the gold rush. However, the increased demand for gold has also led to concerns abou…
Australian miner Resolute Mining is investing $500 million in Côte d'Ivoire's Doropo gold mine, strategically shifting its focus to the country to mitigate risks from instability in Mali.
Gold prices fell today as investors expect higher interest rates and Brent crude oil prices rose 7% to above $100 per barrel, the first time since May. The gold price fell 0.4% to $4030.09 per ounce, while the US Federal Reserve is expected to keep interest rates unchange…
Gold prices today, Thursday, July 23, 2026: Gold price opens below $4,100 as inflation worries clash with safe-haven demand. The price of gold moved up this morning, trading at $4,086.60 as of 8:08 a.m. ET.
Billionaire investor John Paulson believes the early stages of a long-term bull market for gold are underway, driven by central banks and private sector demand.
After a 22% Plunge, Gold Rises Above $4100. Is a Reversal Signal Appearing?
After a 22% decline, spot gold recently surged past $4100 despite strong headwinds from a rising dollar, higher yields, and elevated oil prices. However, analysts from HSBC and JPMorgan largely view this as a technical rebound with limited upside, rather than a definitive…
Gold prices have been trading in a tight range near $4,000 over the past week, as investors watch for updates on the Iran war and await an interest rate decision next week. The Fed meets next week and will announce its next interest rate decision on Wednesday.
Tether Gold has been recognized as an Accepted Spot Commodity in Abu Dhabi Global Market, allowing regulated firms to offer services involving the tokenized gold asset.
Oil Market Loses Its Safety Net as Iran Conflict Reignites
The oil market has lost its safety net as the Iran conflict reignites, driving up prices and causing a surge in demand for safe-haven assets like gold and oil.
Gold prices today, Monday, July 20, 2026, opened at $4,005.60 per troy ounce, down 0.3% from Friday's closing price, despite a weekend of violence in the Middle East.
Russia’s gold reserves fall by 43.5 tons in first half of 2026
Russia’s central bank reported its gold reserves decreased to 73.4 million troy ounces, or 2,282 metric tons, at the start of July. The reserves fell by 1.4 million ounces, or 43.5 metric tons, since the beginning of the year.