Business

News Desk  Islamabad: Pakistan is seeking alternative channels to secure its energy supplies amid regional tensions affecting the Strait of Hormuz, with Saudi Arabia pledging support to ensure continuity. Federal Minister for…

APP Islamabad: The Pakistan Stock Exchange (PSX) suffered a sharp downturn on Monday, with the benchmark KSE-100 Index dropping 16,089.17 points (9.57%) to close at 151,973.00, compared to 168,062.17 in the previous session, according to…

QNA/APP Singapore: The US dollar is on track for its biggest weekly gain since October, buoyed by expectations that the Federal Reserve will maintain a tighter monetary policy stance. The dollar maintained its gains in early Asian…

WAM/QNA/APP New York/Doha: Gold prices retreated on Wednesday after briefly crossing the key $5,000 mark, as investors awaited fresh signals on US interest rates. Spot gold surged 2.6 percent to touch $5,003.85 per ounce by 16:36 GMT…

News Desk Rawalpindi: The Rawalpindi Chamber of Commerce and Industry (RCCI) has called for comprehensive structural reforms to unlock large-scale foreign investment, following what it described as strong investor interest during a…

APP Islamabad: Gold prices registered a sharp increase in the local market on Thursday, with the price of 24-karat gold rising by Rs14,800 per tola to Rs529,162, according to the All Pakistan Sarafa Gems and Jewellers Association.…

AFP/APP Hong Kong: Oil prices slumped on Monday as easing tensions between the United States and Iran dented risk premiums, while precious metals came under renewed pressure from a surging dollar following last week’s sharp sell-off.…

APP Islamabad: The price of 24-karat gold per tola fell sharply by Rs21,500 on Monday, trading at Rs490,362 in the local market, the All Pakistan Sarafa Gems and Jewellers Association reported. The rate of 10 grams of 24-karat gold…

APP Islamabad: Gold prices in the local market fell sharply on Saturday, with the price of 24-karat gold per tola dropping by Rs25,500 to Rs511,862, according to the All Pakistan Sarafa Gems and Jewellers Association. The price of 10…

AFP/APP New York: Gold and silver prices dived on Friday, while European stock markets ended the week higher and Wall Street pulled back, as investors were reassured by US President Donald Trump’s pick to take over as head of the Federal…