KARACHI – Gold snapped its record-breaking spree as it witnessed highest single day drop on Tuesday in line with the downward trend in the international market. The yellow metal plummeted by $22 to settle at $1,902 in the international market as the investors are closely observing the US ...

The gold prices Monday continued to hit new records in Pakistani markets as a weakened economy coupled with the continuous depreciation of the Pakistan rupee added to the factor. Considered a safe haven for investors in times of economic turmoil, the yellow metal is almost going out of reach for ...

ISLAMABAD – The preconditions placed by the International Monetary Fund (IMF) to release next tranche of loan to Pakistan have baneful effect on local currency as it continued to lose ground against the US dollar on Monday after facing historic nosedive in previous week. In the interbank ...

KARACHI – The gold prices continued their record-breaking spree on Saturday as one tola price hit a fresh peak of Rs209,000 after witnessing a surge of Rs6,500. According to All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 10 grams settled at Rs179,184 after an ...

KARACHI – Gold prices continued their record-breaking spree on Thursday as one-tola hits an all-time high of 195,500 after gaining Rs4,900. According to All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 10 grams witnessed an increase of Rs4,201 to settle ...

The volume of Foreign Direct Investment (FDI) in Pakistan has contracted by 48% in the first five months of the fiscal year as Pakistan the the economic challenges of the country. As per the latest data shared by the State Bank of Pakistan, Foreign Direct Investment (FDI) data of last five months ...

KARACHI – Pakistan's business confidence score has plunged by 21 percent in six months, according to the Overseas Investors Chamber of Commerce and Industry (OICCI). The OICCI's Business Confidence Index Survey (Wave-22) shows a comprehensive feedback from frontline business stakeholders in ...

Importers are extremely concerned as the State Bank of Pakistan is facing a severe shortage of dollars. An important meeting of big importers was held today which was presided over by Lahore Chamber of Commerce Executive Committee member Ijaz Tanveer. Importers gave a solution to the current ...

Gold prices in Pakistan Wednesday touched new peaks as the rupee rout against the US dollar entered the third day in the interbank market. The price of gold rose by Rs250 per tola and Rs214 per 10 grams to settle at an all-time high of Rs164,150 and Rs140,732, data released by All Pakistan Sarafa ...

Pakistani rupee Wednesday continued to retreat against the US dollar in the interbank market as thinning foreign exchange reserves and a delay in the funding from the International Monetary Fund (IMF) contributed to the factor. Pakistan Rupee loses another five paisas against the US dollar at the ...