Tag Archives: economic uncertainty

Gold Price in Pakistan and International Market: Increase at the Start of the Week

The gold price in Pakistan and the international market experienced a notable increase at the beginning of the week on Monday. Gold Price Surge: Pakistan Market In the Pakistan market, the price of 24-carat gold witnessed an upsurge of Rs800 per tola and Rs685 per 10 grams, settling at Rs215,300 and Rs184,585, respectively. These figures… Read More »

Upside Risks to Inflation Outlook Increase, Prompting Policy Rate Hike

The State Bank of Pakistan (SBP) stated that the MPC discussed the rising potential risks to the inflation outlook since its last meeting on June 12. The committee emphasized that these risks primarily stem from the implementation of new measures in the fiscal and external sectors. These measures are crucial in the context of completing… Read More »

Gold Price in Pakistan Witnesses Decline Amid Global Market Fluctuations

Decrease in International Market Reflects on Gold Price The gold price in Pakistan has experienced a decline of Rs1,500 per tola, following the decrease in the international market. This downward trend has been observed due to various factors impacting the global economy. Gold Rate Drops Significantly The All-Pakistan Sarafa Gems and Jewellers Association (APSGJA) has… Read More »

Gold Price in Pakistan Decreases as Local Currency Strengthens

In a positive development for investors, the price of gold in Pakistan has witnessed a decline for the third consecutive session. This decline can be attributed to the nominal gains made by the local currency against the dollar on Tuesday. In this article, we will delve into the latest trends in the gold market and… Read More »

Pakistan Peoples Party Criticizes Government’s Economic Team for Neglecting 2022 Flood Victims

Pakistan Peoples Party (PPP) Chairman and Foreign Minister Bilawal Bhutto-Zardari has expressed his discontent with the government’s economic team, highlighting the absence of funds allocated for the 2022 flood victims in the recent federal budget presented by Finance Minister Ishaq Dar. In a recent development, Finance Minister Dar unveiled a budget of Rs14.5 trillion (approximately… Read More »