Business
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BusinessMay 18, 2023
Gold price registers meagre increase in Pakistan
Rate of gold (24 carats) increases by Rs500 per tola. Interbank and open market rate gap widens. Gold falls $12…
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BusinessNovember 7, 2022
Gold gains Rs600 per tola in Pakistan
Gold price settles at Rs151,800 per tola.Rates in Pakistan are around Rs2,000 below the cost.Silver prices remain unchanged. KARACHI: Gold…
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BusinessNovember 7, 2022
Rupee gains more ground against dollar
Rupee closes at Rs221.66 against dollar.Appreciates 0.12% in interbank market.Currency dealers expect rupee to remain range-bound. KARACHI: The Pakistani rupee continued…
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BusinessOctober 31, 2022
Gold slides on rupee recovery; investors assess economic cues
Gold price settles at Rs150,000 per tola.Cumulatively, it gained Rs4,500 per tola in October.Silver prices remain unchanged in local market.…
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BusinessOctober 31, 2022
Dar’s meetings prove fruitful as rupee recovers against dollar
Rupee gains Rs1.59 against dollar. Local currency closes at 220.88 against greenback. Analyst believes finance minister’s meeting with SBP officials improved market sentiments. …
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BusinessOctober 24, 2022
Pakistan convinces Saudi Arabia to set up $12bn refinery, petrochemical complex
Saudi Arabia to establish state-of-the-art refinery in Hub.Project revived due to efforts of Shehbaz Sharif government.Saudi Crown Prince expected to visit…
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BusinessOctober 24, 2022
Rupee expected to trade at 216 against dollar in next 10 days
Analysts predict multilateral creditor’s assistance will strengthen rupee. Rupee expected to trade at 216 to the dollar in next 10 days. Analysts…
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BusinessOctober 17, 2022
Gold glitters as price rises by nearly Rs1,000 per tola
Gold price settles at Rs148,300 per tola.Prices seem to be consolidating.Silver prices remain unchanged. KARACHI: Gold shined bright on Monday after…
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BusinessOctober 17, 2022
Straight fourth session: Rupee continues to depreciate against US dollar
Rupee closes at 218.89 after depreciating 0.21%.Analysts believe rupee is experiencing technical correction.Rupee is expected to remain rangebound in ongoing…
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BusinessOctober 10, 2022
Gold extends losses on rupee strength, traders watchful of positive cues
Gold price settles at Rs143,100 per tola.Cumulatively, gold loses Rs1,950 per tola in last two sessions.Silver prices in domestic market…
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