Gold prices in Pakistan Today

Gold prices recorded a sharp decline in global and domestic markets on Friday. In the international bullion market, the price of gold per ounce fell by $155, bringing it to $4,545 per ounce. According to the All-Pakistan Gems and Jewellers Sarafa Association, local markets also saw a significant drop on the last business day of…

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Iran FM says Tehran has ‘no trust’ in US despite openness to serious negotiations

FM says Iran welcomes any constructive Chinese role in easing regional tensions and advancing diplomacy Iran’s Foreign Minister Abbas Araghchi attends a press conference at the Iranian embassy in New Delhi, India on May 15, 2026. PHOTO: REUTERS Iranian Foreign Minister Abbas Araghchi said Pakistan’s mediation efforts regarding regional tensions had “not failed” but were…

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Phone costs lock 52% out of internet

Govt taxes phones like luxury goods while calling digitalisation national priority Despite the shift from finished phone imports to CKD kit imports, Pakistan’s foreign exchange burden has not declined meaningfully because the industry still relies heavily on imported parts. photo: file KARACHI: Pakistan is facing a governance paradox: taxing smartphones like luxury products while simultaneously…

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Death penalty upheld in Wajeeha Swati case

LHC dismisses appeal of man convicted of US citizen’s killing over property dispute RAWALPINDI: A division bench of the Rawalpindi bench of the Lahore High Court dismissed the appeal of Rizwan Habib, convicted of brutally murdering his former wife, US citizen Wajeeha Swati, over possession of valuable property and other assets worth around Rs1 billion…

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Rs425b for unforeseen events likely

Govt may allocate funds in budget to cope with natural disasters, other such expenses The government wants to accelerate economic growth to lower rising poverty and unemployment, but the IMF was of the view that Pakistan has not yet reached a stage where it can afford sustainably higher economic growth. PHOTO: Reuters ISLAMABAD: The government…

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Pakistan, US discuss bilateral cooperation

ISLAMABAD: US Assistant Secretary of State for South and Central Asian Affairs Paul Kapur on Thursday called on Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar. During the meeting, both sides exchanged views on bilateral relations and regional developments, according to a Foreign Office statement. The deputy prime minister appreciated President Trump’s vision…

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PM Shehbaz meets Chinese business delegation to discuss digital economy cooperation

He appreciates IBI Group’s decision to establish its ‘Pakistan digital economy headquarters’ in Pakistan Prime Minister Shehbaz Sharif on Friday met a high-level 11-member Chinese business delegation led by Qian Xiaojun, founder, president and controlling shareholder of IBI Beijing United Technology, at the prime minister’s house. According to the statement by the prime minister’s office…

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