Gold prices drop further in Pakistan as global rates weaken
Gold prices in Pakistan fell for a second straight day as higher US interest rate expectations weighed on global bullion demand.
Gold prices in Pakistan fell for a second straight day as higher US interest rate expectations weighed on global bullion demand.
Pakistan Stock Exchange gave up early gains as KSE-100 slipped into negative territory during midday trading Tuesday session.
Oil prices rebound after four sessions of losses as traders await US-Iran talks and monitor Middle East supply risks.
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Gold prices in Pakistan fell Rs2,700 per tola on Monday as a stronger dollar and profit-taking pushed global bullion prices lower.
The KSE-100 Index gained over 800 points intraday as buying emerged across banks, cement, automobiles, energy and other key sectors.
Oil prices fell nearly 2 percent as investors weighed hopes for US-Iran talks against continued Middle East supply risks and Houthi attacks.
The first iPhone 18 Pro Max units have reached Pakistan, with limited stock pushing non-PTA prices sharply higher for early buyers.
Pakistan’s textile exports rose 5.55 percent in two months, driven by stronger garment, knitwear, cotton yarn and towel shipments.