Tag: market analysis
-
Bitcoin’s price soars close to $69,000, then pulls back to $65,000
Bitcoin, the leading cryptocurrency by market value, surged to a two-year peak, surpassing $68,600 on Tuesday and approaching its all-time high.
-
Gold prices dip by $8 internationally, Rs1,200 locally
In a significant development in the precious metals market, the per-tola price of 24 karat gold experienced a notable decline, dropping by Rs1,200 on Saturday.
-
PKR registers only 0.92% rise against US dollar since the onset of 2024
The Pakistani rupee (PKR) maintained its upward trajectory for the 13th consecutive week, gaining 12.88 paisa against the US dollar and settling at PKR 279.28 per USD.
-
Gold prices in Pakistan remain unaffected by political uncertainties
Despite political uncertainties, the domestic bullion market exhibited stability, with 24-karat gold maintaining its price at Rs215,500 on Friday, showing no deviation from the previous session.
-
Monetary policy committee maintains status quo: SBP keeps policy rate at 22% to tackle elevated inflation
In a decision announced on Monday, the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has opted to maintain the status quo, retaining the key policy rate of 22 per cent.
-
Gold price drops by Rs600 to Rs215,700 per tola in Pakistan
In Monday’s trading, the per-tola price of 24 karat gold in Pakistan witnessed a decrease, dropping by Rs600 to Rs215,700, as reported by the All Sindh Sarafa Jewellers Association.
-
Local gold market sees surge: Prices hit Rs217,900 per tola
On Monday, gold rates in Pakistan experienced a notable surge, mirroring an upward trend in the global market.
-
Reversal trend: Gold price settles at Rs216,100 per tola, erasing recent upsurge
The price of 24-karat gold in Pakistan experienced a notable decline, dropping by Rs300 per tola to reach Rs216,100.
-
Local gold prices drop by Rs1,900 per tola
On Monday, gold prices in Pakistan experienced a decline in alignment with the global market trend.
-
Gold prices in Pakistan kick off 2024 with decline, hitting Rs219,700 per tola
On the inaugural day of 2024, gold prices experienced a downturn in Pakistan.