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Gold dips as Mideast hostilities revive inflation concerns

Gold prices fell on Thursday after hitting a one-week low in the previous session, as US President Donald Trump’s declaration that an interim agreement to end the ​war with Iran was “over” reignited concerns over higher inflation and interest rates. Spot gold fell 0.3% to $4,066.24 per ounce by 0105 GMT, after dropping to its lowest since July 1 on Wednesday. U.S. gold futures for August delive

Oil rises after US launches fresh strikes on Iran

Oil prices rose more than 1% on Thursday after the US carried out fresh strikes on Iran, denting hopes for talks to end their war and for the full reopening of the Strait of Hormuz, a chokepoint for one-fifth of pre-war global oil supplies. Brent crude futures rose 86 cents, or 1.1%, to $78.88 a barrel by 0352 GMT.US West Texas Intermediate crude futures were up 85 cents, or 1.2%, at $74.37 a b

PSX Opening Bell: Bears Strike First

The benchmark KSE-100 Index opened Wednesday's trading session on a weak note, standing at 183,759.73 as of 9:37am, down 2,495.82 points, or 1.34%, as investors turned risk-averse following renewed geopolitical tensions in the Middle East and a sharp rise in international oil prices. Market sentiment remained under pressure after oil prices advanced as the United States launched fresh military

PSX Closing Bell: Misses the Finish Line

The benchmark KSE-100 Index concluded Tuesday's trading session at 186,255.55, posting a decline of 1,199.14 points, or 0.64%, as investors resorted to profit-taking following the previous session's strong rally, while weakness in heavyweight oil, cement, fertilizer, and banking stocks weighed on the benchmark. Investor sentiment weakened as oil prices climbed after an attack on commercial vess

Brokers see modest EPS boost for banks on SBP\'s removal of MDR floor above Rs10m

The State Bank of Pakistan (SBP) has removed the Minimum Deposit Rate (MDR) floor on high-value savings deposits, prompting Pakistan's leading brokerages to issue same-day research notes on July 7, 2026, assessing the earnings impact on listed banks. The revised rule, effective August 1, 2026, exempts individual savings accounts with average monthly balances above Rs10mn from the minimum-rate f