Category: Business

  • Dollar, Saudi Riyal, UAE Dirham and UK Pound Rates for July 2, 2026

    Dollar, Saudi Riyal, UAE Dirham and UK Pound Rates for July 2, 2026

    KARACHI: The Pakistani rupee started the third quarter of 2026 with cautious steadiness against prominent international currencies on Thursday, following the State Bank of Pakistan’s announcement of official mark-to-market currency rates for July 2, 2026. The US Dollar (USD) was trading at Rs278.15 in the ready market, demonstrating minor fluctuations as foreign exchange participants squared off their…

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  • Dubai gold prices fall to one-month low

    Dubai gold prices fall to one-month low

    DUBAI: Gold prices in Dubai declined further on Wednesday, July 1, 2026, dropping their lowest level in nearly a month and offering relief to jewellery buyers after a sustained pullback from recent highs. According to the Dubai Jewellery Group, 24-karat gold was priced at Dh481.50 per gram at the market opening, down from Dh485.25 a…

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  • Gold prices in Pakistan decrease – June 30, 2026

    Gold prices in Pakistan decrease – June 30, 2026

    KARACHI: Gold prices in Pakistan extended their downward trend on Tuesday, June 30, 2026, in line with a decline in the international bullion market amid easing geopolitical tensions. According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold fell by Rs4,100 per tola to Rs424,836. Similarly, the price of 10 grams of…

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  • Oil prices rise and stocks mixed

    Oil prices rise and stocks mixed

    Asian stocks were mixed and oil prices edged up as reports said the United States and Iran had agreed to stop attacking each other following a weekend of strikes that threw their fragile truce into question. Investor confidence remains shaky after last week’s rollercoaster ride that saw markets whipsaw on the Middle East crisis and…

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  • Silver Rate Today in Pakistan – June 27, 2026

    Silver Rate Today in Pakistan – June 27, 2026

    ilver rates in Pakistan(chandi ka rate) on 27th June 2026: Rs. 7,102 Per ToLa Rs. 6,087 Per 10 grams Rs. 608.7 Per gram(24k fine/pure silver). Latest Karachi Sarafa market rate is being provided in Pakistani rupees. It is to mention that 24K Gold rate today is roughly in between 510,000+ rupees per tola today. Local…

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  • Petrol price in Pakistan from June 27, 2026

    Petrol price in Pakistan from June 27, 2026

    ISLAMABAD: The government on Friday decided to maintain the existing prices of petroleum products. According to a notification issued by the Petroleum Division, the current prices will remain unchanged till further notice. As per the notification, the price of petrol will be maintained at Rs 299.50 per litre. Similarly, the price of high-speed diesel will…

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  • Gold Prices Edge Higher in Pakistan as International Rates Rise

    Gold Prices Edge Higher in Pakistan as International Rates Rise

    Karachi: Gold prices recorded a modest increase in Pakistan on Saturday, in line with an upward trend in the international bullion market, according to the All Pakistan Gems and Jewellers Association (APGJA). The association reported that the price of 24-karat gold per tola increased by Rs1,187, taking the new rate to Rs431,323 per tola across…

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  • Iranian Rial: The next big investment or a risky bet? Here’s what Bostan says

    Iranian Rial: The next big investment or a risky bet? Here’s what Bostan says

    The Iranian rial has witnessed renewed demand and a rise in value following the reported peace agreement between Iran and the United States, as investors speculate on the potential lifting of economic sanctions and an improvement in Iran’s financial outlook. Chairman of the Exchange Companies Association of Pakistan, Malik Bostan said the recent appreciation in…

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  • Former PEPCO MD Says Expensive Electricity Is Root Cause of Inflation

    Former PEPCO MD Says Expensive Electricity Is Root Cause of Inflation

    Islamabad: Former Managing Director of PEPCO and energy expert Tahir Basharat Cheema has stated that the primary cause of inflation in the country is extremely expensive electricity, which he says has severely strained the national economy. Speaking to Geo News, the former energy official said that high electricity costs have pushed the economy to a…

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  • Finance Minister Signals Possible Complete Abolition of Super Tax

    Finance Minister Signals Possible Complete Abolition of Super Tax

    Islamabad: Finance Minister Muhammad Aurangzeb has indicated that the government aims to gradually phase out and eventually abolish the super tax, stating that efforts in this direction will continue every year. He made the remarks during a meeting of the Senate Standing Committee on Finance, where key tax policy issues were discussed, including proposed changes…

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