Gold prices plunge after record highs in global and local markets

Gold backs off from record highs, down 3%

Gold prices continued falling on Wednesday, halting a historic surge that had pushed the valuable metal to a record peak of $3,500 yesterday.The downward movement followed positive signals regarding i...

Gold’s Wild Ride: Global Flows and Trade Tensions Drive Sharp Swings

Gold prices opened Thursday, April 24, 2025, at $3,326 per ounce, according to Trading Economics and market data from Capital.com. The market rebounded after a volatile session that saw prices plunge over 3% from recent record highs, driven by shifting sentiment around US-China trade policy and global economic outlooks. Yesterday, gold suffered its steepest single-day […]

Gold prices plunge after record highs in global and local markets

Gold prices saw a sharp decline both globally and in Pakistan, following a sustained rally that drove the precious metal to record levels in recent days. In the international bullion market, the price of gold dropped by $116 per ounce to settle at $3,338, reversing part of the recent surge driven by geopolitical tensions and safe-haven buying. The domestic market swiftly mirrored the downturn. The price of gold in Pakistan fell by Rs11,700 per t…

The price of gold has pulled back from the record. Moderate statements from the US caused gold to fall. So how many pounds were ounces of gold, quarter gold and Republic gold this week?

Gold prices fell sharply in US trading on April 25. Precious metals from $3,297 an ounce to $3,268 an ounce. The total decline in the price of gold on the day amounted to $80 per ounce, or 2.3%.

Gold Price Drops $180 from Record High as Risk Appetite Returns — Will $3,200 Hold?

Gold (XAU/USD) pulled back below $3,280 on Thursday, snapping its bullish streak as the U.S. dollar regained ground and risk sentiment saw a brief uptick following renewed talks between the U.S. and China. The metal is now trading nearly $200 off its all-time high, as traders rotate out of safe-haven assets and reassess the likelihood of rate cuts this summer. Despite the pullback, gold remains one of the top-performing assets of 2025, buoyed by…