10 gram gold Rs473k Pakistan

Gold prices continued their relentless climb on Thursday, with spot gold surging 2.7% to a record high of $5,594.82 per ounce. Read More: https://theboardroompk.com/record-highs-in-precious-metals-a-growing-challenge-to-dollar-dominance-amid-geopolitical-shifts/ This marks the ninth consecutive session of record-breaking peaks, as a “perfect storm” of geopolitical instability and shifting monetary policy pushes the precious metal up more than 27% since the start of the year. Investors are increasingly seeking shelter in safe-haven assets following the U.S. Federal Reserve’s decision to hold interest rates steady at 3.5–3.75%, halting a cycle of previous cuts. Safe-Haven Demand Intensifies The primary catalyst for this historic rally is a surge in global uncertainty. Tensions in the Middle East, coupled with trade friction between the U.S. and major partners, have fueled a flight to quality. Analysts note that the U.S. dollar index touching a four-year low has further accelerated gold’s momentum, making it more attractive to international buyers. Central bank accumulation also remains at structural highs, as nations seek to diversify their reserves away from traditional fiat currencies. Silver Shatters Record Levels Not to be outdone, silver has transitioned from a steady climb to a full-throttle breakout, hitting an unprecedented $120.45 per ounce. This monumental rise is driven by a combination of speculative interest and a persistent physical deficit. For the fifth consecutive year, industrial demand—particularly from the green energy and semiconductor sectors—continues to outpace mine supply, creating a “supply-side squeeze” that has sent silver prices soaring faster than its yellow counterpart.