{"id":25617,"date":"2025-10-31T12:04:03","date_gmt":"2025-10-31T12:04:03","guid":{"rendered":"https:\/\/ipp-news.com\/?p=25617"},"modified":"2025-10-31T12:04:03","modified_gmt":"2025-10-31T12:04:03","slug":"gold-shines-again-as-global-prices-surge-53-per-ounce","status":"publish","type":"post","link":"https:\/\/ipp-news.com\/?p=25617","title":{"rendered":"Gold shines again as global prices surge $53 per ounce"},"content":{"rendered":"<div>Following a 25 basis points cut in the US Federal Reserve\u2019s interest rate, rising global demand has driven a surge in gold prices. In the international bullion market, the price of gold per ounce jumped by $53 to $4,018.<\/p>\n<p>The global increase also impacted local markets. On Friday, the price of 24-carat gold per tola rose by Rs 5,300, reaching Rs 424,162, while gold per 10 grams increased by Rs 4,544 to Rs 363,650.<\/p>\n<p>Read: Gold prices decline in Pakistan after $10 dip in world market<\/p>\n<p>Silver prices also saw gains, with per tola rising by Rs 158 to Rs 5,192 and per 10 grams increasing by Rs 136 to Rs 4,451.<\/p>\n<p>Spot gold was down 0.5% at $4,004.37 per ounce by 0936 GMT, after gaining nearly 4% so far this month. U.S. gold futures for December delivery were steady at $4,016.30 per ounce.<\/p>\n<p>Elsewhere, spot silver fell 0.2% to $48.82 per ounce, platinum lost 1.5% to $1,586.64, and palladium dropped 0.4% to $1,438.72.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Following a 25 basis points cut in the US Federal Reserve\u2019s interest rate, rising global demand has driven a surge in gold prices. In the international bullion market, the price of gold per ounce jumped by $53 to $4,018. The global increase also impacted local markets. On Friday, the price of 24-carat gold per tola [&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-25617","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\/25617","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=25617"}],"version-history":[{"count":0,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/25617\/revisions"}],"wp:attachment":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}