Business
Gold Hits New High in Pakistan Amid Global Rally
Gold prices in Pakistan soared on Saturday, mirroring a rally in the global bullion market as investors continued to flock to safe-haven assets amid economic uncertainty. Read
Pakistan economy
Business
Gold Recovers After Two-Day Decline
The value of gold recorded a notable rise on Thursday in international and Pakistani markets, breaking a two-day losing streak. In global trade, the bullion price jumped
Business
Cut Rates to Boost Jobs, Exports, and Growth, Advises Ejaz
Former caretaker federal minister and Chairman of the Economic Policy & Business Development (EPBD) think tank, Gohar Ejaz, has issued a strong call for the State Bank of
Business
Declining Demand Leaves Pakistan with Surplus Gas
Pakistan is preparing to renegotiate its liquefied natural gas (LNG) import agreement with Qatar as reduced industrial activity and weaker power demand create an oversupply problem, government sources
Business
KSE-100 Index Rallies on Investor Optimism
The Pakistan Stock Exchange (PSX) maintained its strong upward momentum on Wednesday as investor confidence was buoyed by stable currency conditions, upbeat corporate earnings, and solid institutional participation.
Business
Currency Market Sees Limited Movement
Pakistani currency market witnessed stable trends on Wednesday as the US Dollar showed no major change against the Rupee. The open market rate for the Dollar was reported
Business
Stock Market Rally Offsets Fall in Gold Prices
Gold lost ground in Pakistan on Tuesday as investors turned toward equities, while the stock market achieved a historic milestone. Figures shared by the All Pakistan Gems and
Business
Pakistan Raises Stake in Reko Diq with $715m Pledge
Two of Pakistan’s leading state-owned energy companies, OGDCL and Pakistan Petroleum Limited (PPL), have increased their financial commitments to the Reko Diq copper and gold project,
Business
Dollar Remains Flat as Rupee Holds Ground
Pakistani currency market witnessed calm trading on August 19 as the Rupee maintained its position against major foreign currencies, including the US Dollar. According to updates from currency
Business
Stock Market Rallies Ahead of IMF Review
The Pakistan Stock Exchange (PSX) opened on a positive note Friday, with the KSE-100 Index crossing the 147,000 level after Moody’s upgraded Pakistan’s credit
Business
EPBD Urges Policy-Business Partnership for Sustainable Economic Growth
The Economic Policy & Business Development Think Tank (EPBD) has released its inaugural report formulating a Wealth Perception Index 2025, listing Pakistan’s top 40 public and private
Business
Diesel Prices Expected to Drop, Petrol Likely to See Minor Increase
High-speed diesel (HSD) rates in Pakistan are projected to fall by around Rs11.50 per litre from August 16, while petrol prices may rise by approximately Rs1.
National
Dar calls for policy stability to boost Pakistan’s economy
Deputy Prime Minister Ishaq Dar has called for continuity in Pakistan’s economic policies, warning that abrupt changes with every political transition damage long-term growth. Addressing a
Business
Iraq, Bangladesh Owe Big Money to Pakistan
A recent audit report has disclosed that five countries: Iraq, Bangladesh, Sri Lanka, Sudan, and Guinea-Bissau, collectively owe Pakistan $304.5 million in unpaid export credits, some
Business
Global Oil Drop to Bring Relief at the Pump
Motorists in Pakistan may soon see further relief at fuel stations, with petrol and diesel prices expected to drop again from 16 August. The anticipated cut follows a
Business
Gold, Silver Prices Climb Sharply in Pakistan
Prices of gold in Pakistan continued their upward trend on Thursday, driven by international market movement and currency shifts. The All Pakistan Sarafa Gems and Jewellers Association (APSGJA)