Category: Business

Gold, Silver Prices Plunge as Trump’s Fed Pick Calms Markets

NEW YORK: (Click Pakistan) Gold and silver rates dropped sharply on Friday because investors were relieved that the president of the United States, Donald Trump, had nominated former Federal Reserve official Kevin Warsh to head the central bank and the debate on monetary policy independence was over. Gold dropped to below $5000 an ounce and […]

Pakistan Gold Rates Jump Sharply as International Prices Surge

KARACHI: Gold prices in Pakistan surged to unprecedented levels on Saturday, tracking a strong rally in international markets and reflecting heightened global economic uncertainty, bullion dealers said. According to the All Pakistan Sarafa Gems and Jewellers’ Association, the price of 24-carat gold jumped by Rs6,500 per tola to a record Rs521,162. The price of gold […]

KSE100 Crosses 189,000 Points for First Time

KARACHI: Pakistan’s stock market reached a historic milestone on Friday as the KSE-100 Index closed above 189,000 points for the first time, ending the trading session at 189,167 points up 1,479 points or 0.79 percent. Analysts said the rally was largely driven by the fertiliser sector, with FFC leading gains amid speculation about a potential […]

$2bn Arbitration Filed as K-Electric Investors Accuse Pakistan of Regulatory Breaches

Karachi: Saudi and Kuwaiti investors holding a significant stake in K-Electric have initiated a $2 billion international arbitration against Pakistan, escalating a long-running dispute over regulatory actions, unpaid government dues, and a failed divestment of the country’s largest private power utility. The arbitration was launched on January 16, 2026, with London-based law firms Steptoe International […]

IT Exports Show Strong Momentum, Record $437 Million in December

KARACHI:(Click Pakistan)- Pakistan’s IT exports maintained strong growth, surpassing $2.2 billion in the first half of FY26, according to State Bank of Pakistan (SBP) data. During July–December 2025, IT sector exports reached $2.23 billion, up from $1.86 billion in the same period last year, marking a 19.5% year-on-year increase. The surge is attributed to continued […]

Safe-Haven Rush Pushes Gold to Record High Above $4,800

WEB DESK: Gold costs surged to record levels on Wednesday, hiking above $4,800-per-ounce. For the first time, as investors sought safe-haven assets amid growing geopolitical tensions between the US and Europe and a weakening U.S. dollar. Spot gold rose 1.2% to $4,821.26-per-ounce. in early Asian trading after achieving an all-time high of $4,843.67. U.S. gold […]
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