Karachi, January 9, 2025 – Gold prices in Pakistan soared on Thursday, marking an increase of Rs 1,300 per Tola. The rise in gold prices is attributed to an uptrend in international markets, which continues to influence local bullion rates.
(more…)Category: Stock & Commodity
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PSX Suffers 1,510-Point Drop Amid Absence of Tax Relief
Karachi, January 9, 2025 – The Pakistan Stock Exchange (PSX) experienced a steep decline on Thursday, as the benchmark KSE-100 index plunged by 1,510 points. The market closed at 112,688 points, down from the previous day’s closing of 114,148 points. This significant drop came after the government announced its decision not to provide any tax relief under the newly introduced Tax Laws (Amendment) Bill, 2024.
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Gold and Silver Prices Today in Pakistan – January 9, 2025
The latest prices for gold and silver in Pakistan, as of 12:05 AM on January 9, 2025, have been updated and are as follows, along with the previous closing prices in the bullion market:
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Gold Update January 8, 2025: Prices Jump Rs 1,000 in Pakistan
Karachi, January 8, 2025 – Gold prices in Pakistan surged by Rs 1,000 per Tola on Wednesday, driven by bullish trends in international markets. The price of 24-karat gold per Tola climbed to Rs 277,000, up from the previous day’s closing of Rs 276,000 in local markets. This increase highlights a steady upward trend, with Pakistan gold prices nearing the all-time high of Rs 287,900 per Tola recorded on October 30, 2024.
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KSE-100 Turns Red with 1,904 Points After PM Visit Misses Mark
Karachi, January 8, 2025 – The KSE-100 Index of the Pakistan Stock Exchange (PSX) witnessed a massive decline of 1,904 points on Wednesday, closing at 114,148 points compared to the previous day’s 116,052 points. The sharp drop followed Prime Minister Shehbaz Sharif’s visit to the stock market, during which no immediate relief measures were announced, leaving investors disappointed.
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Gold and Silver Prices Today in Pakistan – January 8, 2025
The latest prices for gold and silver in Pakistan, as of 12:00 AM on January 8, 2025, have been updated and are as follows, along with the previous closing prices in the bullion market:
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KSE-100 Index Declines by 202 Points Amid Trading Fluctuations
Karachi, January 7, 2025 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) faced a tumultuous trading session on Tuesday, ultimately shedding 202 points amid substantial fluctuations throughout the day.
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Gold Prices Rise to Rs 276,000 per Tola in Pakistan
Karachi, January 7, 2025 – Gold prices in Pakistan saw a significant increase on Tuesday, with the price of 24-karat gold rising to Rs 276,000 per Tola. This surge came after positive trends were observed in the global gold markets. The price of 24-karat gold per Tola went up by Rs 1,000 compared to the previous day’s closing rate of Rs 275,000 in local markets.
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SECP Introduces New Regulations for Mutual Fund Industry
The Securities and Exchange Commission of Pakistan (SECP) has taken a significant step towards strengthening the regulatory framework for the mutual fund industry by introducing detailed regulations for “Investment Plans.”
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Gold and Silver Prices Today in Pakistan – January 7, 2025
The latest prices for gold and silver in Pakistan, as of 12:10 AM on January 7, 2025, have been updated and are as follows, along with the previous closing prices in the bullion market:
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