Gold and silver prices dropped sharply this week as global bullion markets weakened. Rising optimism over a potential US-China trade deal and a strong US dollar reduced safe-haven demand for precious metals. Gold Market Update On the Multi Commodity Exchange (MCX), gold futures for December delivery fell by Rs 1,546 (1.25%), closing at Rs 1,21,905 […]
Tag: Precious Metals
Rupee Falls to 284.72 | Gold & Silver Prices Climb in Pakistan
The Pakistani rupee slid further in the inter-bank market on Monday, continuing its downward trend due to increased import payments and ongoing dollar buying by the State Bank of Pakistan (SBP). According to official data from the SBP, the rupee closed at Rs284.72, showing a slight depreciation of 26 paisa (0.09%) from the previous session. […]