International price of gold hit record high of $2,903 per ounce, up $42 from previous day


(Web Desk): Gold prices in Pakistan rebounded on Monday, following an increase in international prices. The price of gold per tola rose by Rs4,000, reaching a new all-time high of Rs303,000.
Meanwhile, the price of 10 grams of gold increased by Rs3,429, reaching Rs259,773, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
Internationally, gold prices also saw an increase, staying near the record high set in the previous session.
Investors turned to gold as a safe-haven investment after US President Donald Trump announced plans to impose new tariffs on steel and aluminum imports, raising concerns about a potential global trade war. Trump revealed over the weekend that he would introduce new 25% tariffs on these imports and also stated that he plans to impose reciprocal tariffs on several countries in the near future.
Gold is often seen as a safe investment during economic uncertainty, but higher interest rates can make it less attractive. On Monday, the international price of gold hit a record high of $2,903 per ounce, up $42 from the previous day.

Three Khawarij militants killed in Khyber District operation: ISPR
- 9 گھنٹے قبل

Houthis launch twin attacks on USS Harry Truman
- 15 گھنٹے قبل

Pakistan, WB reaffirm commitment to economic reforms and sustainable development
- 10 گھنٹے قبل
Cricketer Junaid Zafar Khan dies of medical emergency during hot Adelaide match
- 10 گھنٹے قبل
Pakistan's tallest man, Nasir Soomro, passes away in Shikarpur
- 11 گھنٹے قبل

Think twice before you smear beef tallow and salmon sperm on your face
- ایک گھنٹہ قبل

PTI to participate in National Security Committee meeting
- 11 گھنٹے قبل
Trump administration begins mass layoffs at Voice of America and US-funded media outlets
- 11 گھنٹے قبل

Over 220 health facilities at risk of closure in Afghanistan, says WHO
- 10 گھنٹے قبل

Anthropic’s plan to win the AI race
- 3 گھنٹے قبل
Five family members of SHO injured in grenade attack in Khuzdar
- 13 گھنٹے قبل

Conservatives’ decades-long quest to destroy the Department of Education
- ایک گھنٹہ قبل