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The gold market in Pakistan continued to show signs of volatility on May 10, 2025, as ongoing regional tensions influenced investor sentiment. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), rates experienced slight fluctuations, reflecting uncertainty in both local and global markets. Latest Gold Prices Announced On Saturday, the price of 24-karat gold …
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Indian shares tumbled for the second consecutive session on Friday. Investors pulled out heavily amid rising military tension between India and Pakistan. The total market value plunged by nearly $83 billion. The fall followed intensified cross-border attacks. The conflict began on Wednesday when India struck several “terrorist infrastructure” sites in Pakistan. The move came in …
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ISLAMABAD: Pakistan has secured a major financial boost as the International Monetary Fund (IMF) approved a $1 billion second tranche under the Extended Fund Facility (EFF). This decision comes at a time when regional tensions with India have escalated. The announcement was made in an official statement by the IMF Executive Board on May 9, …
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The Pakistan Stock Exchange (PSX) opened on a positive note Friday, bouncing back from Thursday’s historic crash. Early trading showed signs of calm, helping investors regain some confidence. The benchmark KSE-100 Index surged to an intraday high of 105,946.01 points, rising by 2,419.2 points or 2.33% from the previous close of 103,526.81. However, the market …
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The Pakistan Stock Exchange crash deepened on Thursday as geopolitical fears erased early gains and sparked widespread panic selling. Rising hostilities between Pakistan and India rattled investor confidence, dragging the KSE-100 Index down by nearly 6%. From Rally to Collapse The day began with optimism as the KSE-100 surged 1.7% to a high of 111,881.02 …
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Karachi: Gold prices in Pakistan fell sharply on Wednesday, offering some relief to buyers amid weeks of soaring rates. The price of one tola of gold dropped by Rs4,200, bringing the new rate to Rs352,700. Major Drop in Local Market According to the All Pakistan Gems and Jewellers Association (APGJA), gold prices saw a significant …
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Today’s gold rates in Pakistan reflect global market movements and domestic trading dynamics. As investors closely monitor international bullion trends, local markets respond with daily fluctuations. These rates are updated regularly by major Sarafa (gold) markets across cities like Karachi, Lahore, and Islamabad. Current Gold Prices As of May 7, 2025, the price of 24-karat …
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Shares of Dassault Aviation, the French manufacturer of Rafale jets, plunged by 6% on Wednesday following the downing of five Indian aircraft by Pakistan amid rising tensions along the Line of Control (LoC). Pakistan Downs Multiple Indian Aircraft According to Pakistani defense officials, six Indian aerial assets were destroyed: three Rafale jets, one MiG-29, one …
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The KIBOR decline followed the State Bank of Pakistan’s (SBP) decision to cut the policy rate by 100 basis points to 11%, surpassing market expectations. As a result, interbank lending rates for various tenors dropped significantly on Tuesday, signaling a broader shift in the country’s monetary landscape. Major Reductions Across Tenors According to Arif Habib …
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Gold rates surged in Pakistan on Tuesday, reflecting a broader upward trend driven by global market uncertainty. According to the All Pakistan Sarafa Gems and Jewelers Association, the price of 24-karat gold per tola jumped by Rs.6,100, reaching Rs.356,100 compared to Rs.350,000 on the previous trading day. Sharp Rise in Local Gold Prices Prices of …
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The Pakistan Stock Exchange (PSX) opened on a strong note Tuesday. The benchmark KSE-100 Index surged after the State Bank of Pakistan (SBP) delivered an unexpected interest rate cut. The central bank reduced the policy rate by 100 basis points to 11%. This is the largest cut since June 2024. The move signals easing inflation …
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In a move welcomed by the business community, the SBP interest rate cut brought the policy rate down to 11% on May 5, 2025. The State Bank of Pakistan’s Monetary Policy Committee (MPC) made the decision following sharp declines in inflation and signs of economic stability. Inflation at Historic Low April’s inflation dropped to just …
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The gold price in Pakistan continues to shift in response to international market dynamics, with fresh updates released for May 05, 2025. These rates, determined by local Sarafa markets across major cities, offer a daily snapshot of investor sentiment and global economic pressure. Current Gold Prices According to the latest figures from Karachi, Lahore, Islamabad, …
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In a landmark move signaling the end of an era, Warren Buffett’s retirement as CEO of Berkshire Hathaway was announced at the company’s annual shareholders’ meeting on May 3. At age 94, Buffett confirmed he will step down by year-end, with Vice Chairman Greg Abel taking over the top role. The decision came as a …
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ISLAMABAD: Pakistan has officially barred all Indian-flagged vessels from entering its ports and territorial waters in direct response to India’s recent decision to impose a similar restriction on Pakistani ships, news were reported on Sunday. The Ministry of Maritime Affairs issued the notification, citing national security and escalating regional tensions as key reasons. Retaliation to …
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Oil prices remained stable on Friday, offering some relief after a turbulent week driven by geopolitical tensions and trade concerns. Traders are now watching closely for signs of easing in the US-China trade conflict, a key factor influencing oil prices globally. Market Reaction Ahead of OPEC+ Talks Brent crude fell by 14 cents to $61.99 …
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NEW DELHI: India has imposed a complete ban on imports from Pakistan. The move comes after a deadly attack in Indian Illegally Occupied Jammu and Kashmir (IIOJK) killed at least 26 tourists last week. The Directorate General of Foreign Trade announced the decision on Thursday. “This restriction is imposed in the interest of national security …
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The gold rates in Pakistan remained stable on 2nd May 2025, with minor fluctuations observed across different weight categories. These prices, officially provided by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), reflect ongoing market trends and investor sentiment both locally and globally. Current Gold Rates As of Thursday, the price of 24-karat gold stood …
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KARACHI: The Pakistan Stock Exchange (PSX) witnessed a remarkable rebound on Friday, with the benchmark KSE-100 Index surging by 2.62% amid renewed investor optimism. The sharp rally was driven by hopes of de-escalating tensions between Pakistan and India, expectations of a monetary policy rate cut, and the upcoming International Monetary Fund (IMF) board review. Market …
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Islamabad: In a groundbreaking move, Pakistan has launched an independent electricity market system, marking a major shift in the country’s power trading landscape. The initiative aims to bring transparency, efficiency, and competition to the energy sector. The National Electric Power Regulatory Authority (NEPRA) has officially licensed the Independent System and Market Operator (ISMO). This newly …
ISLAMABAD – The Pakistan Stock Exchange (PSX) witnessed a dramatic fall on Wednesday as rising geopolitical tensions between India and Pakistan sent shockwaves across financial markets. A late-night warning from the federal government about a possible Indian military strike within 24 to 36 hours triggered panic-led selling. KSE-100 Index Plunges Over 3,500 Points The benchmark …
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The gold price hike in Pakistan gained momentum on Tuesday, fueled by a rally in international bullion markets and ongoing rupee depreciation. Investors are responding to rising global uncertainty, which has lifted the value of gold both internationally and at home. Significant Increase in Local Gold Rates According to the All Pakistan Sarafa Gems and …
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Pakistan’s economic recovery gained significant momentum in the first half of FY25, according to the State Bank of Pakistan’s latest report. Featuring the keyword “economic recovery,” the State of Pakistan’s Economy, Half Year Report FY25 outlines a sharp drop in inflation, a surplus current account, and the lowest fiscal deficit since FY05, marking a major …
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