Gold prices edged lower on Friday, and were set for a weekly loss, as tensions in the Middle East dampened hopes for a U.S.-Iran peace deal amid rising inflation and rate-hike fears. Fundamentals Spot gold was down 0.3% to $4,462.22 per ounce, as of 0049 GMT. It has fallen about 1.6% for the week so far. Get the latest news from India and how it matters to the world with the Reuters India
Oil prices were little changed on Friday following sharp declines in the previous session, with prospects dimming for a near-term end to the U.S.-Israeli war with Iran after the Hezbollah militia rejected a new ceasefire in Lebanon. Brent crude futures fell 21 cents, or 0.22%, to $95.24 a barrel by 0003 GMT after settling down 2.84% in the previous session. US West Texas Intermediate crud
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