The latest prices for gold and silver in Pakistan, as of 12:00 AM on December 18, 2024, have been updated and are as follows, along with the previous closing prices in the bullion market:
(more…)Category: Stock & Commodity
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Gold Prices Slump by Rs 2,100 per Tola in Pakistan
Karachi, December 17, 2024 – Gold prices in Pakistan witnessed a significant drop on Tuesday, falling by Rs 2,100 per tola due to declining trends in the international market.
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KSE-100 Plunges 1.13% in Post Policy Rate Announcement
Karachi, December 17, 2024 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) experienced a significant decline on Tuesday, shedding 1,308 points or 1.13% as selling pressure mounted following the announcement of the policy rate cut by the State Bank of Pakistan (SBP).
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Gold and Silver Prices Today in Pakistan – December 17, 2024
The latest prices for gold and silver in Pakistan, as of 12:10 AM on December 17, 2024, have been updated and are as follows, along with the previous closing prices in the bullion market:
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Gold Prices Drop by Rs 800 Per Tola in Pakistan
Karachi, December 16, 2024 – Gold prices in Pakistan witnessed a decline on Monday, with a reduction of Rs 800 per tola, reflecting the downward trend in international bullion markets. The price of 24-karat gold per tola fell to Rs 277,000 from the previous close of Rs 277,800 in local markets.
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KSE-100 Index Hits All-Time High at 116,169 points
Karachi, December 16, 2024 – The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) surged to an all-time high of 116,169 points on Monday, setting a new record. This marks a substantial gain of 1,868 points from the previous closing level of 114,301 points last Friday.
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PSX Surpasses 116,000 Points Amid Hopes of Major Rate Cut
Karachi, December 16, 2024 – The Pakistan Stock Exchange (PSX) witnessed a historic surge during intraday trading on Monday, crossing the 116,000-point mark at 12:00 PM. The benchmark KSE-100 Index climbed to 116,104 points, gaining 1,802 points from Friday’s close of 114,302, fueled by anticipation of a major policy rate cut.
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Gold and Silver Prices Today in Pakistan – December 16, 2024
The latest prices for gold and silver in Pakistan, as of 12:05 AM on December 16, 2024, have been updated and are as follows, along with the previous closing prices in the bullion market:
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Gold and Silver Prices Today in Pakistan – December 15, 2024
The latest prices for gold and silver in Pakistan, as of 12:00 AM on December 15, 2024, have been updated and are as follows, along with the previous closing prices in the bullion market:
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PSX Expects Bullish Streak on Rate Cut Anticipations
The Pakistan Stock Exchange (PSX) is poised to maintain its bullish momentum in the coming week, driven by expectations of a significant interest rate cut. Analysts at Arif Habib Limited anticipate a 200 basis points reduction in the policy rate, potentially bringing it down to 13%. Investors are closely watching the upcoming Monetary Policy Committee (MPC) meeting scheduled for December 16, 2024, marking the final policy announcement for the year.
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