State Bank of Pakistans (SBP) Currency reserves rose by $ 27 million and reached $ 11.25 billion during the week ending February 28, 2025.

According to the latest data, the total cash for foreign reserves, which the country had, amounted to $ 15.87 billion per year. February 28, 2025. In addition, SBP owns $ 11.25 billion while commercial banks own $ 4.62 billion.

Meanwhile, gold prices fell in Pakistan and reflect a fall in international awards. At the local market, the price fell. Tola with RS3,000 Thursday and settled to RS304,000.

According to the All-Pakistan Gems and Jewelers Sarafa Association (Apggsa), the price of 10-gram gold of RS2.571 fell to RS260,630. On Wednesday, gold prices had risen by RS700 per year. Tola and closed on RS307,000.

Internationally, gold prices also experienced a fall on Thursday. According to Apgjsa, the international rate for Pakistan was $ 2,893 per year. Ounce (including a prize of $ 20) and marked a fall of $ 28 for the day.

Globally, gold prices were dipped due to rising US Treasury yields and profits, while the market’s attention turned to payroll data for insight into the Federal Reserve’s monetary policy.

Spot Gold dropped 0.2% to $ 2,912.82 per Ounce of 1442 GMT after rise in the last three sessions. The US Gold Futures also dropped 0.2% to $ 2,921.50.

“We just see a mild surplus pressure from the recent gains. The underlying basic elements are still bullish … Another thing that puts some mild pressure on the gold market is an increase in bond yield,” said Jim Wyckoff, a senior market analyst at Kitco Metals.

Benchmark 10-year-old US Ministry of Finance’s yields hit a week’s height, reducing the appeal to non-disgusting gold.

In the midst of geopolitical uncertainties, gold, a global secure port, has achieved over 10% years to date and hit a record height of $ 2,956.15 on February 24.

The United States imposed a 25% duty on imports from Mexico and Canada on Tuesday with additional tasks on Chinese goods. However, the White House on Wednesday confirmed that carmakers from Canada and Mexico would be exempt from these tariffs for one month subject to compliance with existing rules for free trade.

The Pakistani Rupee experienced a small win against the US dollar and appreciated the 0.02% on the Interbank market on Thursday. At the end of the trade session, Rupien stood at 279.82, marking an increase of 5 Paisa from its previous end of 279.87 Wednesday.

Globally, the euro reached a four -month height against the US dollar. This increase was driven by an increase in European bond yields following Germany’s proposal for a 500 billion euros ($ 539.85 billion) Infrastructure Fund and borders borrowing.