Tag: Gold Price
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Gold Prices in Pakistan Today: Global Decline Impacts Local Market
Gold Prices in Pakistan Today Fall Amid Global Decline After a brief two-day pause, bullion markets worldwide retraced as gold prices slipped again. The international spot price declined by roughly $6 per ounce, settling around $4,001. This global movement has direct repercussions for gold markets in Pakistan, where local prices typically mirror the international trend…
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Global Markets Tumble as Gold Soars to Record High amid Bank Stress Fears
Global markets retreat as concerns over US regional banks mount Global stock markets fell sharply on Thursday as headlines about US regional banks exposed to millions of dollars in bad loans and alleged fraud spurred investor risk-off sentiment. European indices led the retreat, with London’s FTSE 100 dropping around 1.5%, Germany’s Dax slipping about 2%,…
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RBA Governor Michele Bullock Faces Senate, ASX Slips as Gold and Oil Tread Water
RBA Governor Michele Bullock Testifies at Senate Estimates Australia’s central bank was back in the spotlight as RBA Governor Michele Bullock faced questions at the Senate Estimates hearing on Friday. The session focused on monetary policy transmission, housing affordability, and the risks around government guarantees in the First Home Guarantee scheme, drawing direct lines between…
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FTSE 100 Slips as Gold Pullback and Easing Geo- tensions Weigh on London Markets
FTSE 100 Faces a Mixed Morning as Gold and Defence Stocks Retreat The London market started Friday with modest declines as gold prices pulled back from their recent highs and investors weighed the impact of easing tensions in the Middle East on defence stocks. The FTSE 100 hovered around the 9,500 level, with sentiment cautious…
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FTSE 100 inches lower as gold cools and defence stocks retreat amid Gaza ceasefire prospects
FTSE 100 trades lower as gold eases and defence names pull back The London stock market edged lower on Friday, with the FTSE 100 drifting around the 9,500 level as gold prices retreated from recent highs and defence stocks came under pressure amid softer Middle East tensions. By mid-morning, the Footsie sat about 11 points…
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Wall Street Edges Higher as AI Rally Lifts Markets and Gold Reaches New Records
Wall Street climbs as AI optimism fuels a broad rally U.S. stocks moved higher on Wednesday, building on recent gains as investors weighed a mix of AI-driven enthusiasm, earnings outlooks, and ongoing inflation concerns. The S&P 500 advanced about 0.4%, putting it on track to surpass its record Monday peak, while the Dow Jones Industrial…
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Gold Surges Past Record $4,000 as Uncertainty Fuels Rally
Gold climbs to record highs as investors seek safety Gold has surged to new record levels, breaking the $4,000-an-ounce barrier as traders weigh global political and economic uncertainty. Spot gold traded above $4,011 an ounce in Asia on Wednesday, while gold futures reached a similar level, underscoring robust demand for the precious metal as a…
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Gold Price Surge Triggers Consumer Backlash in Sweden
Gold price surge drives market scrutiny Sweden is currently witnessing a surge in consumer complaints tied to a rapidly rising price for gold. Over the past year, the price of the precious metal has climbed by about 45%, and the market remains highly active. As the price hovers around $3,885 per ounce, more buyers are…
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Gold Price Surge Triggers Consumer Complaints in Sweden
Gold Price Surge Triggers Consumer Complaints in Sweden The latest data from Konsumentverket shows a notable rise in complaints as the price of gold climbs. So far this year, 46 complaints have been filed, more than the 27 registered for all of 2024 and the 10 logged the year before. Many cases allege misleading marketing…
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Gold Price Dips: Per Tola Falls Rs 880 as Investor Demand Shifts
Market Snapshot: Gold Price Movements in the Domestic Market Gold prices in the domestic market have shown notable volatility as global demand for the precious metal continues and investors seek safe haven assets. The latest session highlights a two‑step movement: a rise yesterday followed by a dip this morning, underscoring the sensitivity of gold to…