ISLAMABAD: Gold prices went up on Tuesday after falling to a two-week low a day earlier due to profit-taking by investors.
Spot gold increased by 0.7% to $4,363.79 per ounce, while US gold futures also rose. On Monday, gold saw its biggest one-day drop in months, but prices remain much higher this year.
Experts say gold prices had risen too fast in recent weeks, which caused the temporary fall. Gold has still gained about 66% in 2025, supported by expectations of interest rate cuts in the US, global tensions, and strong demand from central banks.
Silver prices jumped 3% to $74.41 per ounce after a sharp fall on Monday. Silver has performed even better than gold this year, rising more than 150% due to strong industrial demand and limited supply.
Platinum and palladium prices also rose slightly after heavy losses in the previous session.
