Gold steady in range as global pressure persists

KARACHI: Gold prices in Pakistan posted a modest increase on Monday, defying a decline in the international bullion market amid heightened geopolitical uncertainty. According to the All-Pakistan Gems and Jewellers Sarafa Association, the price of gold per tola rose by Rs800 to settle at Rs493,962. The rate for 10 grams of gold increased by Rs686…

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Olympians hail ‘everlasting’ friendship on visit to China Window Centre

Peshawar cultural hub hosts hockey legends as they push for bilateral sports series PESHAWAR: Pakistan’s renowned former hockey Olympian Samiullah Khan, famously known as the ‘Flying Horse’, declared on Saturday that the Pakistan-China friendship is “everlasting” and admired worldwide. He made these remarks during a visit to the China Window, a Chinese cultural centre established…

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Minister courts Pakistani investors

Highlights agriculture, IT, textiles, real estate, oil and gas sector among others MANCHESTER: Federal Minister for Board of Investment Qaiser Ahmed Sheikh received an exceptional welcome during his visit to Manchester, where he attended a gathering on the sidelines of a Commonwealth conference, according to a statement issued on Saturday. Despite a demanding schedule, the…

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Is SBP hiding its exchange rate assumptions?

Existing communication methodology is being reused, repackaged rather than reformed KARACHI: The Monetary Policy Reports (MPRs) published by the State Bank of Pakistan (SBP) try to show the SBP’s intention of transitioning towards a more up-to-date, inflation-targeting framework where the central bank’s timely information sharing becomes crucial. The SBP attempts to pivot towards global best…

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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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FPCCI urges withdrawal of 0.9% infrastructure cess

FPCCI Regional Chairman Zaki Aijaz said cargo transported by rail is considerably more economical LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Atif Ikram Sheikh has urged the Punjab government to immediately withdraw the 0.9% Punjab Infrastructure Development Cess (PIDC) imposed in the province, according to a statement issued on Monday. Sheikh…

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Pakistan weighs spot LNG as Iran war hits supply, ramps up domestic oil and gas

Says the government considers buying ‌liquefied natural gas on the spot market to offset supply disruptions Minister for Petroleum and Natural Resources Ali Pervaiz Malik speaks during an interview with Reuters, during the Pakistan Minerals Investment Forum 2025, in Islamabad, Pakistan April 8, 2025. Photo: Reuters Minister for Petroleum Ali Pervaiz Malik said on Wednesday…

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