Gold prices up by Rs100 to Rs139,200 per tola on June 5, 2022The price of 24 karat per tola gold witnessed an increase of Rs100 per tola and was sold at Rs139,200 on Saturday against its sale at Rs139,100 the previous day in the local market. The price of 10-gram 24 karat and 22 karat gold also increased by Rs86 and was sold at Rs119,342 as compared […]
Tough decisions taken to avoid bankruptcy, revive economy: Musadik on June 4, 2022Minister of State for Petroleum Dr Musadik Malik on Friday said the incumbent government had taken tough decisions regarding subsidies on petrol and diesel, in compulsion, giving a special focus on reviving the national economy and steering the country out of the financial crunch. Addressing a news conference along with senior leader of Pakistan Muslim […]
Energy prices push Eurozone inflation to record high on June 4, 2022Eurozone inflation soared in February to a record high of 5.8pc, mainly on the back of surging energy prices, the EU’s official statistics agency Eurostat said Wednesday. The acceleration, from 5.1pc in January, was announced as oil and gas prices rocketed even higher over fears about the impact on supplies from Russia’s invasion of Ukraine. […]
Gold surges to Rs118,000 per 10g on June 3, 2022Gold price remained higher on Thursday as the US dollar suffered after the weaker-than-expected private-sector employment growth and the treasury bond yields stayed in negative territory near 2.9 percent. As of 1255 hours GMT, the gold future were available at $1,856.90 per ounce, showing an increase of $10.40 (+0.56 percent). Out of the $10.40 per […]
Bitcoin falls to $30,109 as market goes for correction on June 3, 2022The cryptocurrency market remained under selling pressure on Thursday amid correction, with market capitalisation going 4.2 percent down to $1.3 trillion. As of 1310 hours GMT, the largest cryptocurrency Bitcoin’s (BTC) price reached $30,109, reflecting a decrease of 5.1 percent. With this decrease in price, the market capitalisation of the biggest crypto has reached $573.8 […]
Gold falls to Rs117,000 per 10g on June 2, 2022Gold price remained volatile on Wednesday and touched its lowest level in nearly two weeks during the intra-day trading before coming back into green territory due to a broad US dollar rebound amid a sharp upturn in the US Treasury bond yields. As of 1240 hours GMT, the gold futures were available at $1,840.80 per […]
Bitcoin jumps to $31,794 as cryptos extend gains on June 1, 2022The cryptocurrency market continued its journey towards north for the second day in a row on Tuesday, with market capitalisation rising 3.7 percent to reach $1.38 trillion. As of 1200 hours GMT, the largest cryptocurrency Bitcoin’s (BTC) price reached $31,794, reflecting an increase of 3.6 percent. With this increase in price, the market capitalisation of […]
Gold falls to Rs118,500 per 10g on May 31, 2022Gold price inched up for the second straight session on Monday as a weaker dollar and falling US Treasury bond yields helped increase demand outlook for greenback-priced bullion. As of 1220 hours GMT, the gold futures were available at $1,854.50 per ounce, showing a gain of $0.40 (+0.02 percent). Out of the $0.40 per ounce […]
Bitcoin rises to $30,682 as altcoins register hefty gains on May 31, 2022The cryptocurrency market bounced back on Monday as most of the altcoins registered hefty gains, with market capitalisation rising 5 percent to reach $1.33 trillion. As of 1150 hours GMT, the largest cryptocurrency Bitcoin’s (BTC) price reached $30,682, reflecting an increase of 5 percent. With this increase in price, the market capitalisation of the biggest […]
Chinese breeding technology helping high yield of Pakistani rice on May 30, 2022Chairman Pakistan Hi Tech Hybrid Seed Association(PHHSA) Shahzad Ali Malik on Sunday said that Chinese breeding technology helping Pak farmers to easily cultivate high-yield, disease resistant new rice varieties for exports. Talking to a delegation of progressive farmers led by Shafique Ur Rehman here today, he said Chinese enterprises and research institutes that evolved new […]