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Moldova dismantles Russia-trained network ahead of general election
1 hour ago
Gold prices in Pakistan climbed to a record high on September 22, mirroring gains in international markets, Business Recorder reported.
In the domestic market, the price of 10 grams of gold rose by PKR2,915 ($10.4) to PKR337,534, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). The international price also advanced, reaching $3,719 per ounce with a $20 premium, up $34 in a single day, the newspaper added.
Globally, bullion traded close to all-time highs as investors awaited key US inflation data and speeches from Federal Reserve officials later this week. Markets remain focused on the Fed’s recent interest rate cut and the possibility of further easing measures to support growth.
Spot gold edged 0.1% higher to $3,688.76 per ounce by 0217 GMT, following last week’s peak of $3,707.40.
Meanwhile, US gold futures for December delivery advanced 0.5% to $3,723.70, underscoring persistent demand for the safe-haven metal amid global economic uncertainty, Business Recorder said.
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