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 ...

Prime Minister Shehbaz Sharif chaired a meeting of the Federal Cabinet in Islamabad on Wednesday with a plethora of issues on the agenda. The meeting was briefed on e-motorbikes. It also reviewed the overall political and economic situation of the country. According to sources, a plan regarding ...

The gold market crashed in Pakistan and rates of the yellow metal decreased by Rs13,300 per tola on Wednesday. Pakistani jewellers stopped selling and purchase of gold after getting high fluctuations in prices. As per the channel report, the gold market observed a raise in the yellow metal’s ...

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 ...

Pakistan’s current account deficit decreased by over 85 percent on a year-on-year (YoY) basis to clock in at $0.28 billion in November, data released by the State Bank of Pakistan (SBP) showed on Friday. The country had posted a deficit of $1.9 billion in November 2021. On a month-on-month ...

The country’s textile group exports declined by around 5 percent during the first five months (July-November) of the current fiscal year 2022-23 (FY23) and stood at $7.361 billion as compared to $7.757 billion during the same period of last year, the Pakistan Bureau of Statistics (PBS) ...

The All Pakistan Sarafa Gems and Jewellers Association (APSGJA) issued the gold prices data twice a day and turned the decreasing rate into an increase surprisingly on Tuesday night. According to numbers previously provided by the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the ...

Talking about the rising value of the US dollar in Pakistan, Finance Minister Ishaq Dar has pointed his finger at currency speculation and smuggling of the greenback on a large scale. The finance minister was speaking at the 2nd Pakistan Prosperity Forum in Islamabad on Wednesday. He pointed ...

The price of gold on Tuesday witnessed a good decrease of Rs850 per tola. According to the details, the price of 24-Karat gold dropped by Rs850 per tola. With this decrease in the gold, the price of 24-Karat gold reached Rs1,68,800 per tola. The price of 10-gram gold of 24-Karat has also been ...