Gold and silver prices extended their decline on Wednesday in the local market after the price of gold per ounce fell by $12 to $4,766 in the international market. According to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), in local markets, the price of gold per tola decreased by Rs1,200 to Rs498,962, while…
Jam Kamal sees grassroots training as external trade engine with digital linkages ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan has said that Pakistan can significantly boost its exports by combining skills development, e-commerce integration and gradual formalisation of the economy, while ensuring a level playing field for compliant businesses, according to a statement issued…
Index still ends in green, supported by hopes for US-Iran talks, $1b Saudi inflow KARACHI: Buyers returned to the Pakistan Stock Exchange (PSX) on Tuesday with notable strength as confidence grew amid optimism about a potential second round of US-Iran talks aimed at resolving the ongoing conflict. Expectations that diplomacy may progress weighed on global…
Maritime minister calls move major administrative breakthrough, ends career stagnation ISLAMABAD: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has announced the promotion of 170 Karachi Port Security Force personnel after a 24-year wait, according to an official statement issued on Tuesday. During a high-level meeting chaired by the minister, Karachi Port Trust (KPT)…
KARACHI: Gold prices in Pakistan extended their decline on Tuesday, tracking losses in the international market, as a stronger US dollar and rising Treasury yields weighed on bullion, while investors remained cautious ahead of developments in tentative US-Iran talks and the confirmation hearing of Federal Reserve chair nominee Kevin Warsh. In the local market, the…
Pakistan Finance Minister Muhammad Aurangzeb speaks during an interview at the International Monetary Fund and World Bank Group’s annual spring meetings in Washington DC, US, April 13, 2026, PHOTO: REUTERS ISLAMABAD: Federal Minister for Finance Muhammad Aurangzeb has expressed optimism about Pakistan’s external sector outlook and reiterated the government’s focus on enhancing competitiveness, deepening investment…
‘If the UAE had a problem … we would be there for them,’ he says US President Donald Trump signs an executive order encouraging more research into ibogaine, next to U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy Jr., Joe Rogan, and Americans for Ibogaine CEO W. Bryan Hubbard, in the Oval Office…
ISLAMABAD: Pakistan State Oil (PSO) has imported petroleum products at hefty premiums to meet the country’s needs, but this high cost will put an additional burden on oil consumers, who are already reeling from exorbitant fuel prices. Amid US-Israel and Iran war, which has choked the Strait of Hormuz – a critical waterway for oil…
KARACHI: Gold prices in Pakistan retreated significantly on Monday, tracking a sharp downturn in the international market, as global investors navigated a volatile mix of geopolitical tensions and strengthening economic indicators. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-karat gold per tola dropped by Rs4,900 to settle at Rs501,162….
Says country recently re-entered international capital markets after 4-year hiatus through Eurobond transaction Finance Minister Muhammad Aurangzeb holds meeting with European Union ambassador, Raimundas Karoblis in Islamabad. PHOTO: X Finance Minister Muhammad Aurangzeb on Tuesday said the country was making a steady return to macroeconomic stability and regaining access to international capital markets. According to…