KIS Gold Market Price Commentary – August 2024: Gold premiums in Asia Continues its Decline as Gold Tested New Highs; Slowdown In Demand For Physical Kilobar in Asia. Read more: https://bit.ly/47c6Ut4 Kallanish Index Services #PreciousMetals #Gold #Bullion
Singapore Bullion Market Association’s Post
More Relevant Posts
-
The price of 24-karat gold per tola increased by Rs. 900 and was sold at Rs. 215,700 on Thursday, as compared to its previous sale at Rs. 214,800. Similarly, the price of 10 grams of 24-karat gold increased by Rs. 772 to Rs. 184,928 from Rs. 184,156. The price of 10 grams of 22-karat gold also saw an increase to Rs. 169,517 from Rs. 168,810, according to the All Sindh Sarafa Jewellers Association. These fluctuations are closely linked to changes in the value of the US dollar, highlighting the intricate relationship between currency values and gold prices. This underscores the influence of global economic factors on local gold markets. In contrast, the price of 24-karat silver remained stable at Rs. 2,570. Internationally, the global gold price saw a minor increase of $9, reaching $2,057 per ounce. #gold #goldrate #pakistan #news #trending
To view or add a comment, sign in
-
Gold Prices Surge in Pakistan! 📈 On Friday, gold prices in Pakistan saw a significant rise, mirroring the global trend. The price per tola jumped by Rs 2,400, reaching Rs 257,300, while the 10-gram rate increased by Rs 2,057, now at Rs 220,593, as reported by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). Globally, gold rates also surged, with prices climbing to $2,458 per ounce, a gain of $26 during the day. Silver prices, however, remained steady at Rs 2,900 per tola. Stay tuned for more updates on precious metals! #GoldPrices #Pakistan #GoldRate #APGJSA #MarketUpdate
To view or add a comment, sign in
-
Gold prices in Pakistan continued their downward trend for the fourth consecutive session on Thursday, mirroring a decline in the international market rates. In the local market, the price of gold per tola reached Rs241,000 after experiencing a single-day decrease of Rs900. Similarly, the price of 10 grams of gold was recorded at Rs206,619 after a decline of Rs771, as reported by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA). This downward movement follows a significant drop in gold prices on Tuesday, where the precious metal lost Rs2,000 per tola in the Pakistani market. Internationally, the price of gold also experienced a decrease on Thursday. According to the APGJSA, the international rate was set at $2,308 per ounce (with a premium of $20) after a decline of $8 during the day. It's noteworthy that gold rates were not available on Wednesday due to the closure of gold markets in observance of Labor Day. #instagold #localmarket #goldprices #marketrate #goldrate #priceofgold #price #gold
To view or add a comment, sign in
-
#goldprice #goldrate #pertola Pakistan’s Gold Prices Rebound After Recent Dip Gold expenses in Pakistan recover, rising by using Rs. 500 in line with tola after a current decline. The rebound follows fluctuations in international fees and is tracked intently via traders and purchasers, highlighting the good sized effect of worldwide market tendencies on the united states of america’s gold market. To read more click on link below: https://lnkd.in/dh4Php2c
To view or add a comment, sign in
-
The price of an ounce of gold has decreased by $8 on the global bullion market, reaching $2045. In the meantime, the price of gold has dropped by 1200 rupees to 214300 rupees per tolah on local currency exchange markets. In a similar vein, gold now costs 183728 rupees per 10 grams, down from 1028 rupees. In contrast to the fall in gold prices, there has been no change in the nation's price of silver. As of right now, the price of silver per tolah is still 2600 rupees, and the price per 10 grams is still 2229.08 rupees. In conclusion, silver prices have not changed in the local market, despite a decline in gold prices. #247updatenews #BreakingNews #faiqjilani #gold #prices
To view or add a comment, sign in
-
#gold premiums on the #shanghai Gold Exchange recovered from a 2-yr low closing higher on Friday at $5.45 per ounce or +0.23% above #LBMA ✅ 5-day trailing up 22% WoW at 2.5/oz ✅ Demand likely recovered amid lower Gold prices ✅ From a seasonality perspective, August is a bullish month for the metal. #preciousmetals #china #commodities
To view or add a comment, sign in
-
#gold premiums on the #shanghai Gold Exchange recovered from a 2-yr low closing higher on Friday at $5.45 per ounce or +0.23% above #LBMA ✅ 5-day trailing up 22% WoW at 2.5/oz ✅ Demand likely recovered amid lower Gold prices ✅ From a seasonality perspective, August is a bullish month for the metal. #preciousmetals #china #commodities
To view or add a comment, sign in
-
The domestic bullion market witnessed a relatively flat session on Tuesday as the price of 24-karat gold edged down by Rs100 to Rs230,100 per tola. It is crucial to note that gold prices in Pakistan have dropped for the first time after 10 consecutive sessions. Last week, 24-karat gold spiked nearly Rs10,000 per tola to a level not witnessed since September 2023. Read the full story at: https://lnkd.in/egxbPAZJ
To view or add a comment, sign in
-
Gold Prices Witness a Slight Dip After Days of Stability https://lnkd.in/dXVevCjT #gold #goldprice #Nepal #pardafas #epardafas
To view or add a comment, sign in
-
Gold Prices Surge in Pakistan Amid Global IncreaseGold prices in Pakistan continued their upward trend on Friday, reflecting the global rise in gold rates. The price of gold per tola reached Rs 257,300, marking an increase of Rs 2,400. Similarly, the 10-gram gold price saw a rise, hitting Rs 220,593 with an increase of Rs 2,057, as reported by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).Globally, the gold rate also surged, with prices reaching $2,458 per ounce, gaining $26 in a single day. Meanwhile, silver prices remained steady at Rs 2,900 per tola. #GoldPrices #MarketTrends #EconomicUpdate #PreciousMetals #InvestmentInsights #GoldMarket #PakistanEconomy #FinanceNews #CommodityPrices #GlobalEconomy #dailydawns
To view or add a comment, sign in
1,617 followers