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News
Global stocks face a perfect storm of risks
20+ hour, 35+ min ago (777+ words) Global stock markets are entering a critical phase as economic and financial risks continue to accumulate. Oil prices, driven higher in part by geopolitical tensions, could add to inflationary pressures by increasing transportation, production and household energy costs. These pressures…...
Per Tola Gold Price in Pakistan Back at Rs4.57 Lac; Check New Rates
2+ day, 2+ hour ago (532+ words) KARACHI – Pakistan’s gold market staged slight comeback, with the price of a tola of 24-karat gold climbing Rs400 to Rs457,136. The latest increase pushed the price of 10 grams of gold up by Rs343 to Rs391,920, according to the latest market rates. The recovery came…...
Oil Prices Surge Above $105 as Iran War Raises Supply Fears
3+ day, 23+ hour ago (381+ words) Oil prices climbed around 4% on Thursday, with Brent crude rising above $105 a barrel as attacks on shipping raised concerns over disruptions to global supplies. Brent crude futures gained $4.05, or 4%, to $105.26 a barrel by 1215 GMT. U.S. West Texas Intermediate (WTI) crude also…...
Gold prices rise by Rs800 per tola
4+ day, 18+ hour ago (135+ words) ISLAMABAD: The prices of gold witnessed an increase in the local market on Wednesday, with the price of 24-karat gold per tola rising by Rs800 to settle at Rs462,936, according to rates issued by the All Pakistan Sarafa Gems and Jewellers Association....
Brent crude surpasses $100 a barrel as Iran, US escalate attacks
4+ day, 18+ hour ago (372+ words) Global stocks have come under pressure and Brent crude oil surpassed $100 a barrel as escalating fighting across the Middle East stokes fears of energy-driven inflation. The benchmark crude contract rose to $100.19 on Wednesday, its highest level since July 24, when a…...
Oil nears $100 as fresh Middle East strikes raise supply risks
5+ day, 2+ hour ago (263+ words) NEW DELHI (Reuters): Oil prices rose for the fourth straight session, gaining more than $1 in early trade on Wednesday after renewed attacks across the Middle East heightened worries about supply disruptions. Brent crude futures rose 1.4 percent, to $99.33 a barrel by…...
Global oil prices nears $100 per barrel amid US-Iran military escalation
5+ day, 10+ hour ago (389+ words) SINGAPORE – Oil prices witnessed a significant increase as the benchmark crude prices climbed closer to the $100-per-barrel level as the exchange of strikes between the United States and Iran added to escalating tensions in the Middle East. WTI Crude was…...
Oil prices surge toward $100 per barrel as Iran-US tensions escalate
6+ day, 10+ hour ago (209+ words) Global oil prices jumped to their highest level in around six weeks as rising tensions in the Middle East raised concerns over possible disruptions to regional energy supplies. Brent crude increased 1.03% to $97.31 a barrel, while U.S. West Texas Intermediate rose 1.42% to…...
Gold prices fall by Rs2,400 per tola
6+ day, 18+ hour ago (138+ words) ISLAMABAD:The prices of gold witnessed a decline in the local market on Monday, with the price of 24-karat gold per tola falling by Rs2,400 to settle at Rs463,136, according to rates issued by the All Pakistan Sarafa Gems and Jewellers Association....
Oil extends gains after US and Iran strike ships
6+ day, 19+ hour ago (408+ words) SINGAPORE (Reuters): Oil prices extended gains on Monday as tit-for-tat strikes between the US and Iran on vessels sailing in the Strait of Hormuz and other areas heightened concerns of a prolonged supply disruption from the Middle East. Brent crude…...