Usman Hanif

1 week ago | tribune.com.pk | Usman Hanif

KARACHI: Gold prices continued their record-breaking surge on Wednesday, defying analysts' expectations of a market correction, as both domestic and international rates reached new all-time highs. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola in Pakistan soared by Rs8,600 in a single day, settling at a historic high of Rs348,000. Similarly, the rate for 10 grams rose by Rs7,373 to close at Rs298,353.

1 week ago | tribune.com.pk | Usman Hanif

KARACHI: Gold prices in Pakistan rose on Tuesday, tracking gains in the international market. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola increased by Rs600 to reach Rs339,400 in the local market. Similarly, the rate for 10 grams climbed by Rs514, settling at Rs290,980. On the global front, the price of gold rose by $6, with APGJSA quoting the international rate for Pakistan at $3,224 per ounce, including a $20 premium.

1 week ago | tribune.com.pk | Usman Hanif

KARACHI: Driven by the economic migration of approximately 2.4 million Pakistanis amid the worsening state of the domestic economy, workers' remittances to Pakistan surged past the $4 billion mark for the first time in March 2025. Workers' remittances have reached an unprecedented $4.1 billion, said the State Bank of Pakistan (SBP) in a press release. This reflects a strong year-on-year growth of 37.3% and a month-on-month increase of 29.8%.

1 week ago | tribune.com.pk | Usman Hanif

KARACHI: The State Bank of Pakistan (SBP) has injected a massive Rs12.84 trillion into the money market through a mix of Shariah-compliant and conventional Open Market Operations (OMOs).

1 week ago | tribune.com.pk | Usman Hanif

KARACHI: Gold prices in Pakistan recorded their highest single-day increase in recent months, jumping around Rs16,000 on Thursday, mirroring a sharp rally in international markets. According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of gold first rose Rs7,800 per tola to Rs328,800. However, later the market recorded another jump of Rs8,000, taking the total price to Rs336,800, Muhammad Qasim Shikarpuri, President of APSGJA, told The Express Tribune.