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Gold prices in Pakistan Today

Following international market trends, gold prices increase in Pakistan by Rs 15,700 At current prices, the looted gold is worth around $70 million. PHOTO: PIXABAY Gold prices climbed ‌to a nearly three-week high on Wednesday as markets reassessed near-term risks after US President Donald Trump agreed to suspend bombings and attacks on Iran for two…

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PSX surges over 12,000 points after Pakistan‑brokered US‑Iran ceasefire

Trading currently underway, with upbeat sentiment and celebratory buying still driving the market higher The Pakistan Stock Exchange (PSX) erupted in celebration on Wednesday as investors cheered the global peace momentum brokered by Pakistan and easing tensions between Iran and the United States, triggering a wave of aggressive buying across the market. The benchmark KSE-30…

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Pakistan, Eurasian bloc explore trade pact

US officials have indicated they hope the Section 301 investigations will be completed before that deadline. PHOTO: PEXELS ISLAMABAD: A meeting was held between the Member of the Board – Minister in charge of Trade of the Eurasian Economic Commission, Andrey Slepnev, and the Federal Minister for Commerce, Jam Kamal Khan, in a videoconference format….

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Pervez Elahi is not joining PPP

Former Chief Minister and Pakistan Tehreek-e-Insaf (PTI) President Chaudhry Pervez Elahi is accused of making illegal appointments in the Punjab Assembly during his tenure, according to the provincial anti-corruption body ACE.—File photo LAHORE: The Pakistan Peoples Party (PPP) has denied rumours that PTI President Parvez Elahi is joining the party and could be appointed as…

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Gold retreats amid Hormuz tensions

KARACHI: Gold prices in Pakistan declined on Tuesday, tracking a subdued trend in the international market, as investors remained cautious ahead of a key geopolitical deadline set by Donald Trump regarding Iran and the Strait of Hormuz. In the local market, the price of gold per tola dropped by Rs3,000 to settle at Rs488,462. Similarly,…

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FCC rules it can initiate contempt cases

Lawyers strike in protest of Imaan Mazari and Hadi Ali Chattha’s arrests halt all court proceedings, Islamabad High Court PHOTO: EXPRESS ISLAMABAD: The Federal Constitutional Court (FCC) has ruled that it possesses the authority to initiate contempt of court proceedings under the existing constitutional framework. In a 13-page judgement authored by Justice Aamer Farooq in…

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Rs107b price differential claims remain unpaid

Since July 22, numerous unauthorised exchange outlets have been closed after the military intelligence agency summoned currency dealers to address the rising dollar rate in the open market. photo: file ISLAMABAD: Pakistan’s oil marketing companies (OMCs) are facing an acute liquidity crisis as up to Rs107 billion in unpaid price differential claims (PDCs) remains stuck,…

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