Karachi, Pakistan's gold market has recently undergone a significant transformation by adopting a new pricing formula designed to align with international standards and eliminate speculative pricing practices. According to a national daily report, this innovative pricing structure is now based on ...

In the international market, the price of gold has reached its lowest level in 7 months after a $25 decrease per ounce. According to the details, the price of gold in the Asian market has reached $1817 per ounce, and today, the price of gold per ounce in the Asian market has further decreased by ...

ISLAMABAD – Pakistan has made its first order for discounted Russian crude oil and a shipment is scheduled to arrive at Karachi port in May, according to a new agreement between Islamabad and Moscow. In addition China and India, Russia now has a new market for its crude this allows Moscow to ...

Qatar is said to have agreed to consider Pakistan’s offer to buy shares in Oil and Gas Development Company Limited (OGDCL) and Pakistan Petroleum Limited (PPL), as well as sell Mirage-2000 fighter aircraft to the South Asian nation. This was revealed at the latest inter-ministerial meeting ...

Prominent UAE investor Nasser Abdulla Hussain Lootah, the Chairman of Nasser Abdulla Lootah Group and a major shareholder of Summit Bank Limited (SMBL), will subscribe to 3.98 billion new ordinary shares of the Bank. According to a stock filing, the investor has decided to subscribe ...

Federal Minister of State for Petroleum Musadik Malik on Tuesday said there will be no US sanctions on buying oil from Russian at low prices. Musadik Malik said this during a talk to the 24News HD TV channel on Tuesday. He said many European countries bought oil from Russia and there were no ...

ISLAMABAD – The Pakistani government has formally contacted authorities in Russian to buy cheap oil and gas as prices of these commodities in the South Asian country has surged to a record level. The development comes a month after Federal Finance Minister Ishaq Dar said that that the ...

LAHORE — Amid all the confusion surrounding the Toshakhana gifts allegedly sold by former prime minister Imran Khan at throwaway prices, Daily Pakistan did an investigation to find the truth. Keeping in view the Daily Pakistan investigation, it appears the claim made by the Dubai-based ...

Finance Minister Ishaq Dar has listed the coalition government’s feats in resolving the oil-related issues to cope with the challenges the country has been facing. Addressing the Pakistan Muslim League-Nawaz workers in Dubai, he said during his visit to the US last month, he met the figures and ...

*India has hit back at criticism over its purchase of Russian oil at discounted rates with External Affairs Minister S Jaishankar drawing a similarity with Europe buying Russian gas to fulfil its needs despite fighting a war in Ukraine.* S Jaishankar made these remarks at the GLOBSEC 2022 ...