The gold rates continue to increase in Pakistan in line with the international rate. The yellow metal was priced at Rs227,800 per tola after an increase of Rs500 during the day, according to rates shared by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA). The 10-gram gold was sold …
On Monday, the gold prices in Pakistan saw a major fall, taking the cost of 24-karat gold to Rs226,900 per tola after reporting a decline of Rs600. Dealers observed a corresponding drop in the price of 10 grams of 24-karat gold, which also saw a price drop of Rs515, now …
Next up in bitcoin’s sight is the globe’s seventh most valuable asset, Google parent Alphabet, whose current valuation is just shy of $1.7 trillion. Some bitcoin bulls have their sights set on the world’s most valuable property – gold and its $14.7 trillion market cap. To get there, bitcoin would …
If bitcoin (BTC) were to match gold’s allocation in investor portfolios, its market cap should rise to $3.3 trillion, implying a more than doubling of its price, but that probably won’t happen because of the cryptocurrency’s risk and heightened volatility, JPMorgan (JPM) said in a research report. Source link
LONDON: US and European stock markets rose Wednesday and gold hit a record high as the Federal Reserve kept alive expectations of rate cuts later this year and the British government unveiled a pro-growth budget.In volatile trading, gold touched 2,150, well above its previous high of $2,141.79 as expectations of …