Karachi, November 17, 2024 – Pakistan’s gold imports witnessed a sharp 20% year-on-year increase during the first four months of the fiscal year 2024-25, reaching $10.64 million compared to $8.88 million in the corresponding period last year. This data, released by the Pakistan Bureau of Statistics (PBS), underscores heightened demand and escalating international gold prices.
(more…)Category: Stock & Commodity
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Gold and Silver Prices Today in Pakistan – November 17, 2024
The latest prices for gold and silver in Pakistan, as of 1:00 AM on November 17, 2024, have been updated and are as follows, along with the previous closing prices in the bullion market:
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Pakistan Gold Prices Fall by Rs 300 Today
Karachi, November 16, 2024 – Gold prices in Pakistan saw a decline of Rs 300 on Saturday, following a drop in international market prices. The price of 24-karat gold per tola fell to Rs 267,400, down from the previous day’s closing of Rs 267,700 in the local markets. This marks another fluctuation in the volatile gold market, which has seen considerable shifts in recent weeks.
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PSX Announces List of Top 25 Companies Awards for 2023
Karachi, November 16, 2024 – The Pakistan Stock Exchange (PSX) has officially revealed the list of winners for its prestigious Top 25 Companies Awards for 2023. These awards, which have been recognizing corporate excellence since their inception in 1978, highlight the achievements of companies that excel in various aspects of business, including financial performance, governance, operational excellence, and sustainability initiatives.
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KSE-100 Index Projected to Hit 120,000 by 2025
Karachi, November 16, 2024 – Analysts at Arif Habib Limited (AHL) project the KSE-100 Index, Pakistan’s benchmark stock market index, to reach 120,010 points by December 2025, forecasting a 27% return over the next 13 months. The prediction comes as the index continues its remarkable performance, emerging as the world’s best-performing stock market from October 2023 to November 2024.
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Gold and Silver Prices Today in Pakistan – November 16, 2024
The latest prices for gold and silver in Pakistan, as of 9:00 AM on November 16, 2024, have been updated and are as follows, along with the previous closing prices in the bullion market:
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Banking Sector Drives KSE-100 to New Peak of 94,764 Points
Karachi, November 15, 2024 – The KSE-100 index of the Pakistan Stock Exchange (PSX) soared to a historic high of 94,764 points on Friday, marking a remarkable milestone in Pakistan’s financial markets. The benchmark KSE-100 index posted a gain of 572 points, advancing from the previous close of 94,192 points and continuing a bullish trajectory that has captured investor attention.
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Pakistan Gold Prices Hit Rs 267,700 After $13 Surge
Karachi, November 15, 2024 – Gold prices in Pakistan surged by Rs 1,300 per tola on Friday, reflecting the impact of rising international gold rates and regional uncertainties.
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Gold and Silver Prices Today in Pakistan – November 15, 2024
The latest prices for gold and silver in Pakistan, as of 9:00 AM on November 15, 2024, have been updated and are as follows, along with the previous closing prices in the bullion market:
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Gold Prices See Major Decline of Rs 5,500 per Tola in Pakistan
Karachi, November 14, 2024 – Gold prices in Pakistan experienced a sharp decline on Thursday, falling by Rs 5,500 per tola due to a notable drop in international prices. The 24-karat gold rate in Pakistan now stands at Rs 266,400 per tola, down from Wednesday’s closing price of Rs 271,900. This marks a significant correction in the local market after prices hit an all-time high of Rs 287,900 per tola on October 30.
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