Gold prices in Pakistan rose for a second straight session as global bullion gained amid oil market tensions and rate hike concerns.
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Gold prices in Pakistan rose for a fourth straight session on Monday, reaching Rs457,366 per tola as global bullion prices gained.
Oil rise as uncertainty over the Strait of Hormuz reopening persists, with Iran seeking further US concessions before resuming shipping.
The KSE-100 Index surrendered early gains by midday as selling pressure returned, despite strong buying across key sectors.
Pakistan received $3.63 billion in July remittances, with inflows rising 13% year-on-year as overseas workers sent more money home.