• Bullion rose as much as 2.2% too short to touch $ 3,500.
• A tola reaches record RS363,700 after RS5,900 increase.
• Gold rallied in the midst of Trump’s calls to reduce interest rates.

Karachi: Gold rose past $ 3,500 per day. Ounce for the first time before pairing some gains, as concern that President Donald Trump could shoot Federal Reserve -President Jerome Powell triggered a flight from US shares, bonds and dollar, reported Bloomberg.

Bullion rose as much as 2.2% on Tuesday to briefly touch $ 3,500 before they lighten when dealers made profits. Safe Havens like Yen, Swiss Franc and Gold has gathered in recent sessions after Trump’s repeated calls to bold to immediately reduce interest rates, a step seen as a threat to the central bank’s independence that led the dollar to its lowest since 2023.

Pakistan also witnessed another day of rising gold prices on Tuesday, mirroring the upward trend in the international market and pushing local rates to the unprecedented level. The price of a tola of gold reached a record RS363,700 after a sharp RS5,900 increase, according to prices shared by All-Pakistan Pearls and Jewels Sarafa Association (Apgjsa).

Similarly, the 10-Gram speed rose to a record RS311.814. This wave built on Monday’s record -breaking increase of RS8,100 per Tola, who set the previous highest height of RS357,800. Globally, gold also achieved a new top of $ 3,454 per year. Ounce. Meanwhile, silver prices in the local market kept stable to RS3,441 per year. Tola.

In Pakistan, gold has now received a remarkable RS91,100 per day. Tola since the beginning of the year, up from RS272,600 on December 30, 2024, reflecting an increase of 33 percent the year before.

“Gold’s quick ascent this year tells me that markets have less confidence in the United States than ever,” said Lee Liang Le, analyst at the Kallanish Index Services. “The story of the” Trump trade “has evolved into a” selling America “narrative,” she said.

Bullion has risen by one -third in 2025, when merchant stresses broke the markets and eroded confidence in dollar assets, increasing some traditional ports. Streams into the Bullion-backed stock-traded funds and the purchase of central bank has supported the recovery, with prices winning every month this year, according to Bloomberg.

Precious Metal’s Rally shows “There is a desire to diversify out of dollar assets to a wider range of safe ports,” Kamakshya Trivedi, head of Global eg, prices and strategy for new markets at Goldman Sachs Group Inc, told Bloomberg TV.

Banks are gradually more positive for gold as this year’s rally has gone from strength to strength. Among them, Goldman Sachs could predict that the metal could hit $ 4,000 per day. Ounce mid -way up to and including next year. Gold can be “the only true Safen-Harbor active back” as investors ask US assets, including treasuries, according to Jefferies.

Still, the fast recent win has stretched some closely monitored measurements, suggesting that the recovery could at some point break. The Bullion’s 14-day relative strength index-a target of the pace and intensity of movement-Top 78, above the level 70, which may point out that an asset is being overbought.

Gold for immediate delivery traded 0.9% higher to $ 3,454.88 per day. Ounce at. 10:37 in London, which facilitates back from its new highest time. The Bloomberg dollar index was stable, silver fell, while palladium and platinum rose.

Bullion’s Jump has lifted the miners’ shares. In Hong Kong, warehouse rose in Zijin Mining Group Co., a leading Chinese metal manufacturer, more than 6.0% at a time on Tuesday. It’s gathered by more than a quarter of this year, said Bloomberg report.