Gold Prices Surge by Rs4,200 in Pakistan Gold prices in Pakistan have surged dramatically, with per tola rates jumping by Rs4,200 to reach Rs463,936. This sharp increase follows a global rise of $42 per ounce, pushing international gold rates to $4,415. Silver prices also climbed, adding pressure on local buyers. Experts warn that continued volatility…
Gold Touches Seven-Week Peak: What’s Driving the Rally? Gold prices hit a seven-week high on Thursday, August 6, 2026, as hopes grew for the reopening of the Strait of Hormuz. This strategic waterway, critical for global oil shipments, had been disrupted for months due to regional tensions. Spot gold climbed 1% to $4,285.84 per ounce,…
PSX Surges 2,106 Points: What Really Drove This Big Rally? On Monday, the Pakistan Stock Exchange (PSX) staged a sharp recovery, with the KSE-100 index gaining 2,106 points to close at 178,200.02. This move was powered by falling oil prices, lower inflation, and hope for renewed US–Iran talks, which together lifted investor confidence. 1. Why…
Gold Jumps Rs4,000 per Tola as Global Bullion Prices Recover Gold prices in Pakistan rose sharply on Monday, with the price of 24-karat gold per tola increasing by Rs4,000. The jump came after global bullion markets recovered, showing how closely local gold rates remain tied to international trends. According to market reports, the rise in…
Oil Falls Sharply as US-Iran Pause and AstraZeneca Beats Profit Forecasts Oil prices fell sharply on Monday after the United States paused strikes on Iran for a second night, easing fears of a wider disruption to Middle East energy supplies. At the same time, AstraZeneca reported stronger-than-expected profits, supported by solid growth in its cancer…
Brent Oil Set for Weekly Jump as Red Sea Conflict Raises Supply Fears Brent crude oil is moving higher this week as fresh tensions in the Red Sea have renewed fears about global supply. The market is reacting to attacks on tankers and the growing risk that oil shipments could face delays or higher costs….
New Petrol And Diesel Prices In Pakistan Pakistan has once again increased petrol and diesel prices, adding more pressure on people who are already dealing with high living costs. The government has raised petrol by Rs6.39 per litre and high-speed diesel by Rs7.83 per litre. After this revision, petrol now costs Rs327.12 per litre and…
Andy Burnham: The New Labour Leader Set To Become UK Prime Minister Veteran British politician Andy Burnham has been officially elected as the new leader of the ruling Labour Party, putting him on course to become the United Kingdom’s next prime minister. With Labour holding a huge majority in parliament after the 2024 election, the…
