Gold prices in Pakistan have skyrocketed to a historic high of Rs 541,262 per tola, driven by escalating geopolitical tensions between the United States and Iran. This surge reflects global market volatility and increased safe-haven demand among investors
Pakistan has set an ambitious target to export $2.5 billion worth of mobile phones and IT equipment by 2033 under a new electronics manufacturing policy. The plan includes shifting from assembly to full-scale manufacturing, developing a skilled workforce
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Federal Minister for Power Sardar Awais Ahmed Khan Leghari announced that the first 200MW electricity transaction under the Competitive Market Operations Date regime is set for completion by June, marking a key step in Pakistan's power market reforms.
Pakistani citizens face severe disruptions in water, electricity, and gas supplies during Ramazan, with no relief in sight despite government promises.
The Competition Commission of Pakistan has approved the acquisition of First Women Bank Limited by Abu Dhabi's Eve Holdings, concluding no competition concerns in this privatisation deal.
During Ramadan, meat prices in Pakistan have surged by 20-30% due to increased demand and supply chain issues, impacting household budgets and raising concerns about food security.
The Pakistan Stock Exchange (PSX) experienced a sharp decline of 5,478.63 points, with the KSE-100 index closing at 167,691.08 amid heavy selling pressure driven by geopolitical strains and uncertainty ahead of the IMF assessment.
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Pakistan's foreign direct investment fell 51% year-on-year, highlighting structural issues. Experts argue sustainable growth requires boosting local investment through policy stability, lower costs, and tax reform to attract foreign capital organically.
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Traders in Karachi's Saddar area staged a protest against the market administration, alleging their vehicle tyres were slashed. The incident has sparked tensions and calls for an investigation into the matter.
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Gold prices in Pakistan have experienced another substantial rise today, continuing a volatile trend in the precious metals market. The increase reflects global economic pressures and local demand dynamics, impacting investors and consumers alike.
The International Monetary Fund has recognized Pakistan's economic progress, citing improved fiscal discipline and external stability, though challenges remain in sustaining reforms.
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The government has approved a Rs121 billion relief package for industries to reduce electricity costs, aiming to boost industrial production and economic growth amid high energy prices.
The State Bank of Pakistan injected over Rs1.57 trillion into the banking system via open market operations while gold prices climbed significantly, driven by international market trends and geopolitical tensions.
Pakistan's Sensitive Price Indicator (SPI) inflation surged to 51.9% year-on-year, driven by sharp increases in food and fuel prices, exacerbating cost-of-living pressures for households across the nation.
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Gold prices in Pakistan have continued their upward trajectory, with per tola rates reaching Rs526,462 after a daily gain of Rs2,500, closely following international market trends.
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Gold prices in Pakistan rose significantly on Thursday, with per tola reaching Rs523,962 after a gain of Rs7,900. Silver also surged, reflecting international market movements.
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Gold and silver prices in Pakistan have surged again, reaching new record highs due to global market trends and local demand. This article details the latest rates and market factors.
