Global gold prices tumbled sharply on Monday, hitting their lowest level in four months as rising geopolitical tensions and shifting interest rate expectations dampened investor demand for the precious metal. Read More: Gold prices increase by Rs 1,000 per tola Spot gold fell more than eight per cent during the session, touching a low of $4,097.99 […]
global markets
Indian Rupee hits record low amid conflict fears
Mumbai: The Indian rupee slid to a record low on Monday as escalating tensions in the Middle East raised concerns about prolonged disruptions to global energy supplies, posing risks to India’s economic outlook. Read More: Indian rupee falls past 90 per dollar on trade worries The currency weakened to 93.84 against the US dollar, surpassing its […]
Oil eases as inflation fears rattle global markets
Global markets remained volatile on Friday as oil prices eased, while bond markets continued to reflect investor anxiety over rising inflation risks linked to the ongoing Middle East conflict. Brent crude fell about 3% to around $105 per barrel, while US crude dropped more than 2% to near $94. The pullback followed efforts by major […]
Brent crude oil tops $114 as Iran strikes fuel supply fears
Global oil prices surged on Thursday, with Brent crude climbing above $114 per barrel after Iran launched attacks on key Gulf energy infrastructure and warned of further escalation. Oil and natural gas prices soar, Brent crude nears $114 as Iran attacks Gulf energy facilities https://t.co/W4LwkkVX1o pic.twitter.com/aCoUr18uAO — WAVE (@wave3news) March 19, 2026 The price rally […]
Oil nears $100-per-barrel as Iran conflict rattles markets
Global oil prices hovered near the $100-per-barrel mark on Monday as financial markets reacted to the escalating conflict involving Iran, which has now entered its third week with little sign of de-escalation. Crude prices surged early in trading after Donald Trump said at the weekend that US forces had struck military targets on Kharg Island […]
Global stocks fall as oil surge fuels market uncertainty
Global financial market declined on Friday as escalating tensions linked to the Iran war pushed oil prices above $100 per barrel, raising concerns about inflation and future interest rate decisions. All three major US stock indexes ended the day and the week in negative territory. The Dow Jones Industrial Average slipped 0.25%, while the S&P […]
Pakistan’s stocks equity index staged a strong recovery
Pakistan’s stocks equity index staged a strong recovery on Tuesday, climbing more than 2,000 points a day after suffering one of its sharpest single-session declines amid escalating geopolitical tensions. Read More: Bloodbath at PSX as index sheds 16,089 points over ME tensions The benchmark KSE-100 index at the Pakistan Stock Exchange rose by 2,098.10 points, or 1.38%, […]
US Supreme Court blocks Trump tariffs, sparks market jitters
WASHINGTON: The US Supreme Court on Friday struck down President Donald Trump sweeping import tariffs, prompting a muted rally in global stock markets while stoking concerns among investors about government finances and rising bond yields. Read More: US Supreme Court questions Trump’s global tariff powers The court upheld a lower court ruling that Trump exceeded his authority under a 1977 […]
Gold prices plunge to record one-day low in Pakistan
KARACHI: Gold prices in Pakistan recorded the highest-ever single-day decline on Friday, tracking a sharp global sell-off in precious metals, dealers said. Read More: Gold price jumps to Rs551,662 per tola According to rates issued by the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24-karat gold fell by Rs35,500 per tola to […]
Gold hits record Rs493,662 per tola in Pakistan
KARACHI: Gold prices in Pakistan surged to new record highs on Tuesday, with the domestic rate for one tola reaching Rs493,662 and 10 grams hitting Rs423,235, up Rs4,300 and Rs3,686 respectively, according to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA). Read More: New peak for gold: Rs4,300 gain in a day The rally in […]