Gold prices in Pakistan decreased on Friday in line with their loss in the international market. In the local market, gold price per tola reached Rs467,816 after a decline of Rs1,469 during the day. Similarly, 10-gram gold was sold at Rs401,012 after it fell by Rs1,323, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Thursday, gold price per t
Gold prices in Pakistan decreased on Friday in line with their loss in the international market. In the local market, gold price per tola reached Rs467,816 after a decline of Rs1,469 during the day. Similarly, 10-gram gold was sold at Rs401,012 after it fell by Rs1,323, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Thursday, gold price per t
Buying returned to the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining nearly 1,000 points during the opening minutes of trading on Thursday. At 9:45am, the benchmark index was hovering at 171,181.56, up by 990.92 points or 0.58%. Buying was observed in key sectors, including automobile assemblers, cement, commercial banks, fertilizer, oil and gas exploration companie
Leading economists have challenged the government’s provisional GDP growth estimate of 3.70 percent for the outgoing fiscal year 2025-26, arguing that the figure is overstated and likely to be revised downward once the entire year’s data is available. Former finance minister Dr Hafeez Pasha told Business Recorder that the government’s provisional growth estimate ‘is exaggerated’ and that the ec
Oil and Gas Development Company Limited (OGDC), the country’s leading upstream energy company, has made a significant oil and gas discovery from its exploratory well Bobi Deep-1, located in Sanghar district of Sindh province. The well successfully tested the Massive Sand interval of the Lower Goru Formation and produced 2,000 barrels of oil per day (BOPD) along with 1.1 million standard cubic f