Gold Prices Rise for Third Consecutive Week, Hit 3-Month High
Gold prices have increased for the third straight week, reaching a three-month high. The precious metal saw a significant rise, with per tola prices increasing by Rs5,700 in one day.
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Gold prices rise for 3rd straight week, hit 3-month high. Can bullion reclaim $5,500 peak?
Gold rose 5% this week to nearly $4,603, marking its third consecutive weekly gain, supported by a weaker US dollar, Treasury bond buybacks and expectations of stable Fed rates. Analysts see long-term potential amid central-bank demand and currency concerns, though the World Gold Council expects near-term prices to remain rangebound.
Read full article →Gold per tola rises Rs5,700 for third consecutive day
Price of silver per tola remains unchanged at Rs7,379
By Ehtesham Mufti
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