The surge in gold prices reaching once again hit all-time highs.

Analysts attribute the upward trend to signals from the Federal Reserve System of the United States regarding potential interest rate reductions and the impact of tariff proposals made by presidential candidate Donald Trump.

The swift oscillations in gold prices within the domestic market are indicative of the prevailing economic variables and their instability. Below is a thorough analysis of current patterns and probable causes of these price fluctuations:

 Current Trends in Prices

• Sunday: Rs 146,700 per tola
• Monday: Rs 146,900 per tola
• Tuesday: Rs 147,800 per tola
• Wednesday: Rs 149,800 per tola
• Thursday: Rs 149,500 per tola
• Friday: Rs 147,500 per tola

Analysis of Changes in Price

Gold prices rose sharply between Sunday and Wednesday, driven by concerns over Donald Trump's proposed trade policies, positive signals from the Federal Reserve regarding possible interest rate decreases, and uncertainty in the global economy. Gold is in great demand and investor confidence as a safe-haven asset, as seen by its quick rise to new record highs.

It's possible that investors who had purchased gold at a discount were taking profits, as seen by the minor decline on Thursday and the larger decline on Friday. Following a large advance, these types of swings are typical when some investors sell off their holdings in order to realize gains. Furthermore, any short-term economic improvement or stabilization in other financial markets would have also momentarily decreased the demand for gold.

In contrast, this week saw a decline in the price of silver on the domestic market. Silver was priced at Rs 1,875 per tola on Sunday. On Monday, it increased to Rs 1,885 per tola, but on Tuesday, it dropped down to Rs 1,875 per tola. The cost went up to Rs 1,895 per tola on Wednesday. Nevertheless, it fell to Rs 1,860 per tola on Thursday and then to Rs 1,830 per tola on Friday, indicating a Rs 30 per tola loss.