ISLAMABAD – Investors are reeling as gold prices in Pakistan take a sharp dive, dropping to Rs419,362 per tola following a global slump. The 10-gram gold rate also fell to Rs359,535, shaking confidence in the market as international turbulence rattles investors.
Globally, gold staged a surprising rebound, jumping 0.8% after hitting near one-week lows, as bargain hunters rushed in and all eyes turned to critical US economic data.
Gold Rates Today
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4-Nov: Rs419,362
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3-Nov: Rs423,862
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1-Nov: Rs422,562
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30-Oct: Rs418,862
Experts warn that gold is defying the rules. The dominant US dollar is also not stopping bullion from shining, as global confidence wanes.
Gold Price in Pakistan
With the US economy under pressure and yields falling, gold is once again proving why it’s the ultimate safe-haven asset and investors are watching closely as prices swing wildly.
