There are moments in international politics when a technical phrase tells the whole story. “Transit fees” in the Strait of Hormuz is one such phrase. On paper, it may be dressed up as maritime management, mine-clearing costs, or an “environmental fee.” In reality, a permanent charge on passage through Hormuz would be a levy imposed […]
price
Gold price surges again
After a big drop in the price, gold once again became expensive on Saturday. According to the local Sarafa Association sources, the price of gold per tola has increased by Rs.11,700, and the new price has reached to Rs 519,462 per tola. Likewise, the price of ten grams of gold has increased by Rs 10,030, […]
Gold price plunges further to Rs 490,362 per tola
The price of per tola 24-karat gold on Monday witnessed a sharp decline of Rs21,500 and was traded at Rs490,362 in the local market, the All Pakistan Sarafa Gems and Jewellers Association reported. The price of 10 grams of 24-karat gold also plunged by Rs18,433 to Rs420,406, while the rate of 10 grams of 22-karat […]
In Venezuela, price of US dollar up by 479% in a year
Venezuela, currently in the throes of an escalating crisis with the United States, closed the books a complicated year for its economy, with the official cost of buying a US dollar up 479 percent in the last 12 months, according to AFP. The gap between the official and black market rate is mounting as well, […]
Gold price surges to Rs 474,000 per tola
The price of gold has increased further in local bullion markets, with 24-carat gold now selling for Rs474,000 per tola, marking a rise of Rs1,000 per tola. Meanwhile, the price of 22-carat gold has reached Rs434,500 per tola, and 21-carat gold is priced at Rs414,750 per tola. In addition to gold, silver prices have also […]
Gold price surges to Rs 470,862 a tola
The price of per tola 24-karat gold in Pakistan increased by Rs 8,500 on Tuesday, reaching Rs 470,862 compared to Rs462,362 on the previous day. According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 10 grams of 24-karat gold rose by Rs7,288, climbing to Rs 403,688 from Rs396,400 on last day. […]
Diesel price cut by Rs14; no change in petrol rate
The government on Monday decreased the high-speed diesel (HSD) price by Rs14 and kept the petrol price unchanged for the fortnight ending December 31, owing to favourable international market prices. The Petroleum Division said the revision followed movements in international markets and recommendations from the Oil and Gas Regulatory Authority (Ogra). According to the announcement, […]
Gold price surges by Rs 2,600 per tola
Gold prices in Pakistan on Monday increased due to the increase in gold prices in the global market. According to local bullion markets, the new global price of gold has reached $4,325 due to an increase of $26 in the price of an ounce of gold in the international bullion market, while in Pakistan, the […]
Gold price increases by Rs 10,700 per tola
The price of per tola 24-karat gold on Friday increased by Rs 10,700 to Rs 454,262 compared to its sale at Rs.443,562 the previous day, according to the All Pakistan Sarafa Gems and Jewellers Association. The price of 10 grams of 24-karat gold rose by Rs 9,174 to Rs 389,456, while the rate of 10 […]
Gold price increases by Rs 500 per tola
The price of per tola 24-karat gold on Thursday increased by Rs500 to Rs443,562 compared to its sale at Rs.443,062 the previous day, according to the All Pakistan Sarafa Gems and Jewellers Association. The price of 10 grams of 24-karat gold rose by Rs428 to Rs380,282, while the rate of 10 grams of 22-karat gold […]