Gold prices rose on Tuesday, supported by a weaker US dollar and easing energy costs after US President Donald Trump suggestedthat the war in the Middle East could end soon. Respite from a potential war-driven surge in inflation would likely reduce the chances of central banks raising interest rates, a positive for non-yielding gold. Spot gold rose 0.5% to $5,161.54 per ounce, as of 0429 GMT
Oil prices fell on Tuesday after hitting an over three-year high in the prior session as US President Donald Trump predicted the war in the Middle East could end soon, easing concerns about prolonged disruptions to global oil supplies. Brent futures fell $4.17, or 4.2%, to $94.79 a barrel at 0345 GMT, while US West Texas Intermediate (WTI) crude was down $3.81, or 4%, to $90.96 a barrel. Bot
Massive selling pressure was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index shedding nearly 12,000 points in the opening hours of trading on Monday amid a sharp rise in oil prices. The market opened on a negative note and by 9:22am, the benchmark KSE-100 was hovering at 147,715.95, down 9,780.15, or 6.21%. Following the 6% decline, a Market Halt was triggered
The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP), the second of this calendar year, will meet today (Monday) to discuss the country’s economic issues and decide on the policy rate. At its previous meeting, held on January 26, 2026, the MPC, against market expectations, kept its benchmark policy rate unchanged at 10.5%. Market experts widely expect the central bank to m
When the State Bank of Pakistan monetary policy committee meets on 9th March, 26 to decide the policy rate for the next quarter, there are chances of increase in policy rate or a status quo due to massive increase in Petroleum Prices, adversely hitting the cost of doing business and bringing a wave of price hike and inflation, said Ateeq Ur Rehman, an economic and financial analyst. Consequentl