The All Pakistan James and Jewelers Association emphasizes that the current global gold rate stands at $2023 per ounce, underlining the interconnectedness of Pakistan’s gold market with international trends. The $3 increase per ounce reflects the dynamic nature of precious metal prices in response to global economic shifts.
Business
KSE-100 index witnesses 1.40% decline amid profit-taking and global oil price fall.
On Monday, the Pakistan Stock Exchange’s benchmark KSE-100 Index experienced a notable decline of 1.40%, driven by a trend of profit-taking that has been evident […]
Japan’s Ruling party proposes income tax breaks to alleviate price hike impact.
Japan’s ruling Liberal Democratic Party (LDP) tax reform panel has outlined income tax breaks to cushion households from the impact of price hikes, signaling a […]
Asian development bank (ADB): Pakistan’s inflation to ease despite averaging 28.5% July–October; South Asia growth forecast revised upwards.
According to the Asian Development Bank’s (ADB) latest report ‘Asian Development Outlook December,’ inflation in Pakistan has averaged 28.5% over the July–October period. However, the […]
Saudi Aramco Invests Significantly in Pakistan’s Energy Sector
This joint venture marks a strategic move by Aramco to expand its footprint in Pakistan’s energy market. The acquisition of significant shares in the gas and oil sector demonstrates Saudi Arabia’s commitment to strengthening economic ties with Pakistan and participating in the country’s energy development.
Saudi Arabia proposes innovative trade platform during Arab league meeting.
In the 56th session of the Arab League’s Implementation and Follow-up Committee of the Economic and Social Council, Saudi Arabia introduced a proposal for a […]
Achieving the American dream now costs over $3 million, according to investopedia analysis.
Investopedia, a leading personal finance website, recently conducted an analysis revealing that the price tag for achieving the traditional American Dream has surpassed $3 million. […]
State bank of Pakistan expected to maintain key policy rate amid inflation challenges.
In its fourth consecutive policy meeting, the State Bank of Pakistan (SBP) is anticipated to keep its key policy rate steady, according to analysts. The […]
Bullish trend persists as Pakistan stock exchange hits 66,000 mark.
In a continued surge, the Pakistan Stock Exchange (PSX) maintained its bullish trend on Friday, crossing the significant 66,000 mark after gaining 1,340 points. The […]