Gold prices in Pakistan surge to Rs482,936 per tola as a weaker dollar and strong global demand push bullion higher.
Pakistan’s GEPCO sale is gaining pace, with 11 local and foreign investors showing interest in taking stakes and running the power company.
Pakistan is exploring stablecoins for remittances, with lower transfer costs potentially saving the country around $400 million annually.
The government aims to collect Rs1.676 trillion through petroleum levy in FY27 as the charge reaches Rs80 per litre.
Gold prices in Pakistan climbed further on Friday, with another major increase pushing the per tola rate above Rs477,000.
PSX saw strong early buying as the KSE-100 index jumped over 900 points before giving up most gains by midday.
Pakistan’s weekly inflation rose 0.49 percent as onion, petrol and chicken prices increased, while eggs and diesel became cheaper.
Oil prices edged lower Friday but remained on track for a second weekly gain as Middle East supply concerns persisted.
Gold prices in Pakistan surged by Rs13,700 per tola, tracking strong international gains, while silver also posted sharp increases.