Gold prices fell on Thursday as the escalating Middle East conflict showed no signs of abating, erasing recent optimism over easing inflation and fuelling concerns that surging oil prices could lead to interest rate hikes. Spot gold was down 0.6% at $4,034.42 per ounce by 0349 GMT. US gold futures for August delivery lost 0.3% to $4,039.90. “Gold is declining as the escalating attacks in
The Pakistan Stock Exchange (PSX) closed Monday's session sharply lower, with the benchmark KSE-100 Index extending its losses as investors remained cautious amid escalating geopolitical tensions in the Middle East. Sentiment stayed under pressure after the United States and Iran exchanged fresh military strikes in an intensifying confrontation over control of the Strait of Hormuz, fueling fear
Foreign currency deposits rose by $18.09m to $6.779 billion in June 2026 compared to the previous month, the latest data released by the State Bank of Pakistan showed. On a year-on-year basis, total deposits declined by $208.69m or 2.99% compared to $6.988bn in June 2025. According to the data, foreign currency deposits by residents stood at $5.759bn during the month under review, representi
Foreign currency deposits rose by $18.09m to $6.779 billion in June 2026 compared to the previous month, the latest data released by the State Bank of Pakistan showed. On a year-on-year basis, total deposits declined by $208.69m or 2.99% compared to $6.988bn in June 2025. According to the data, foreign currency deposits by residents stood at $5.759bn during the month under review, representi
Pakistan and Vietnam are expected to sign a bilateral Preferential Trade Agreement (PTA) in the near future, a move aimed at strengthening trade liberalization and expanding economic cooperation between the two countries. Speaking to APP on Monday during a dinner hosted in honor of senior journalists, Vietnam's Ambassador to Pakistan, Pham Anh Tuan, said negotiations on the proposed agreement h