Big Drop Expected in Petrol Prices | The Express Tribune
A reduction in the prices of petroleum products is expected by the end of this week, owing to the drop in global oil prices. If confirmed, this would mark the third consecutive bi-weekly drop in prices of petroleum products. Petrol is expected to become cheaper by Rs12 per litre while the price of diesel is also […]
Gold prices soar to record Rs264,000 per tola in Pakistan | The Express Tribune
Listen to article Gold prices in Pakistan continued to rise on Wednesday, marking back-to-back gains in line with increasing international rates. The price of gold per tola (11.66 grams) surged by Rs2,300, reaching a record-breaking Rs264,000, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). The price of 10 grams of gold also increased, rising by […]
Gold prices rise globally and locally amid market shifts | The Express Tribune
Gold prices have experienced a notable increase both globally and locally, reflecting significant movements in the precious metals market. On the international bullion market, the price of gold per ounce has risen by $10, reaching a new level of $2,500. This upward trend signifies a strengthening demand for gold as a safe-haven asset. In the […]
Govt cuts fuel prices: Petrol down by Rs1.86, HSD by Rs3.32 per litre | The Express Tribune
On Saturday, the federal government announced a reduction in fuel prices, with the cost of petrol falling by Rs1.86 to Rs259.10 per litre, effective from midnight tonight. High-speed diesel (HSD) has also seen a price cut, dropping by Rs3.32 per litre to Rs262.75. Similarly, the price of kerosene oil has been reduced from Rs171.77 to […]
Gold prices hit record highs in Pakistan amid global market surge | The Express Tribune
Gold prices hit an all-time high on August 16, 2024, propelled by a weaker US dollar and expectations of a potential interest-rate cut by the Federal Reserve. The metal’s appeal was further amplified by ongoing geopolitical tensions, particularly in the Middle East, which heightened demand for safe-haven assets. Spot gold increased by 1.7% to $2,498.72 […]
Oil prices dip as US crude stocks rise | The Express Tribune
HOUSTON: Oil prices edged lower on Wednesday after US crude inventories rose unexpectedly and as worries that a wider Middle East conflict could threaten production in one of the world’s major regions for crude production eased slightly. Brent crude futures slipped 41 cents, or 0.5%, to $80.28 a barrel by 1436 GMT. US West Texas […]
Petrol, diesel prices likely to decrease | The Express Tribune
Pakistan may see a significant reduction in fuel prices in the coming days, with cuts of up to Rs12 per litre expected across various petroleum products, according to industry sources. Preliminary calculations suggest that the price of petrol could decrease by over Rs9 per litre, while high-speed diesel (HSD) may see a reduction of up […]
Local gold prices fall by Rs500 per tola amid drop in global rates | The Express Tribune
In local markets, the price of 24-carat gold per tola fell by Rs500, dropping to Rs246,000 from Rs246,500. This decrease reflects the significant drop in the international bullion market, where gold prices declined by $17 to settle at $2,400 per ounce. This decline followed a previous decrease of $16, which had brought the price down […]
Gold prices tumble after reaching record high | The Express Tribune
In the international bullion market, the price of gold per ounce dropped by $16, bringing it down to $2,417 from the previous price of $2,433. Consequently, in local markets on Monday, the price of 24-carat gold per tola decreased by Rs300, settling at Rs256,500. Similarly, the price of 10 grams of gold saw a decline […]
Gold prices dip in international and local markets | The Express Tribune
Gold prices have decreased in both international and local markets, as reported by industry sources. The dip came a day after gold surged to a new all-time high of Rs257,300 per tola (11.66 grams) in Pakistan. The surge was attributed to weaker US employment data and escalating political tensions in the Middle East. According to […]