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"path": "/latest/gold-price-in-pakistan-falls-below-rs-480000-per-tola-after-global-decline/",
"publishedAt": "2026-05-04T09:16:45.000Z",
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"Gold price in Pakistan falls below Rs 480,000 per tola after global decline",
"HUM News English"
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"textContent": "Gold prices recorded a significant decline in Pakistan on the back of weaker global trends, offering some relief to buyers after recent record highs.\n\nAccording to the All Pakistan Sarafa Association, the price of gold per tola dropped by Rs 3,800 in the local market, bringing it down to Rs 479,962. Similarly, the price of 10 grams of gold fell by Rs 3,257, settling at Rs 411,490.\n\nThe drop mirrors a broader softening in international markets, where gold prices have edged lower due to persistent inflation concerns and uncertainty over United States monetary policy.\n\nIn global trading, spot gold slipped by 0.3 per cent to around $4,599 per ounce, while US futures also declined slightly. Analysts say investors are becoming more cautious as expectations grow that interest rates could remain elevated for a longer period.\n\nHigher interest rates typically reduce the appeal of gold, as it does not offer returns like interest-bearing assets. With central banks signaling a tough stance on inflation, many investors are shifting toward alternatives that provide better yields.\n\nThe Federal Reserve has reinforced this outlook by keeping its policy stance unchanged in its latest meeting, while warning that inflation risks remain elevated.\n\nGeopolitical tensions are also shaping market sentiment. Ongoing developments involving the United States and Iran, particularly around the Strait of Hormuz, are being closely monitored by investors. Any progress in diplomatic efforts could influence oil prices and overall market stability.\n\nOil prices have remained above $100 per barrel, adding to inflationary pressure and strengthening expectations that central banks will avoid cutting rates in the near term.\n\nRecent data has further underscored inflation concerns. The US Personal Consumption Expenditures (PCE) Index rose by 0.7 per cent in March, marking its highest increase since 2022 and signaling persistent price pressures in the global economy.\n\nMeanwhile, other precious metals such as silver, platinum, and palladium showed mixed trends, reflecting ongoing uncertainty in financial markets.\n\nThe post Gold price in Pakistan falls below Rs 480,000 per tola after global decline appeared first on HUM News English.",
"title": "Gold price in Pakistan falls below Rs 480,000 per tola after global decline"
}