{"id":1120,"date":"2025-03-20T12:04:44","date_gmt":"2025-03-20T12:04:44","guid":{"rendered":"https:\/\/ipp-news.com\/2025\/03\/20\/gold-prices-skyrocket-as-global-local-markets-hit-new-peaks\/"},"modified":"2025-03-20T12:04:44","modified_gmt":"2025-03-20T12:04:44","slug":"gold-prices-skyrocket-as-global-local-markets-hit-new-peaks","status":"publish","type":"post","link":"https:\/\/ipp-news.com\/?p=1120","title":{"rendered":"Gold prices skyrocket as global, local markets hit new peaks"},"content":{"rendered":"<div>Gold prices surged to historic highs in both international and local markets on Thursday, driven by sustained global demand, inflation concerns, and large-scale purchases by various governments.<\/p>\n<p>According to market reports, the persistent rise in gold prices is setting new records daily, with investors turning to the precious metal as a safe-haven asset.<\/p>\n<p>In the international bullion market, the price of gold per ounce increased by $12, reaching an all-time high of $3,050. The impact was immediately reflected in Pakistan\u2019s local markets, where the price of 24-carat gold per tola jumped by Rs1,800, reaching a record Rs320,800.<\/p>\n<p>Similarly, the price of 10 grams of 24-carat gold rose by Rs1,543, setting a new high at Rs275,034.<\/p>\n<p>Meanwhile, silver prices experienced a decline. The price of one tola of silver dropped by Rs31, settling at Rs3,524, while the rate for 10 grams fell by Rs26 to Rs3,021.<\/p>\n<p>Market analysts attribute the rising gold prices to ongoing economic instability and increasing global interest in gold as a hedge against inflation.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices surged to historic highs in both international and local markets on Thursday, driven by sustained global demand, inflation concerns, and large-scale purchases by various governments. According to market reports, the persistent rise in gold prices is setting new records daily, with investors turning to the precious metal as a safe-haven asset. In the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-1120","post","type-post","status-publish","format-standard","hentry","category-english-news"],"_links":{"self":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/1120","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1120"}],"version-history":[{"count":0,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/1120\/revisions"}],"wp:attachment":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}