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Following two-day decline, gold rate up again in Pakistan
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[ad_1] An undated image of a jewellery shop displaying gold jewellery. — AFP/File After falling by Rs1,700 for the last two days, the rate of gold rose again in Pakistan on Wednesday. The price of gold (24 carats) increased by Rs1,600 per tola and Rs1,372 per 10 grams to reach Rs234,400 and Rs200,960, respectively, according…
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0.3% economic growth rate debunked | The Express Tribune
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[ad_1] ISLAMABAD: The size of Pakistan’s economy has shrunk to $341.5 billion and its per capita income has slipped to just $1,568 in the outgoing fiscal year due to almost flat economic growth and currency devaluation. Against this backdrop, a dispute has arisen about the official GDP growth figure. The economy shrank by $34 billion…
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Gold rate rises to Rs235,300 per tola
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[ad_1] Gold bangles are displayed at a jewellery store in this undated file photo. — AFP As the yellow metal gained in the international market, gold price once again rose in Pakistan Saturday. The rate of gold (24 carats) rose by Rs2,700 per tola and Rs2,315 per 10 grams to reach Rs235,300 and Rs201,732, respectively,…
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Gold rate sees minor decline in Pakistan as international price drops
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[ad_1] Gold bars are seen in this undated file photo. — AFP The domestic gold price fell Friday after a decline in the international market as optimism rose about a US debt limit deal that would prevent one of the world’s largest economies from defaulting. According to the All Pakistan Sarafa Gems and Jewellers Association…
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Gold rate moves up in Pakistan on rupee-dollar parity
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[ad_1] An undated image of a gold necklace displayed at a gold store. — AFP/File Gold rate increased meagerly in the country after the gap between the rupee rates against the dollar in the interbank and the open market widened as the economy remains under duress. Data released by All Pakistan Sarafa Gems and Jewellers…
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Gold rate declines in Pakistan in line with international trend
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[ad_1] A representational image of gold jewellery displayed in a shop. — AFP/File As the price of gold dropped in the international market Friday, the safe-haven bullion’s value declined in Pakistan as well. The rate of gold (24 carats) fell by Rs6,500 per tola and Rs5,573 per 10 grams to reach Rs230,800 and Rs197,874, respectively,…
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Gold rate in Pakistan jumps to all-time high amid political uncertainty
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[ad_1] People buy jewellery at a jewellery store in Amritsar on October 22, 2022. — AFP/File As investors’ attention shifted to the safe-haven bullion due to the political uncertainty that ensued after the arrest of Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan, gold prices in Pakistan surged to another all-time high Tuesday. The rate of gold (24 carats)…
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Gold rate surges to fresh all-time high
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[ad_1] An undated file image of a woman wearing gold bangles. — AFP The rate of gold soared to another all-time high in Pakistan Saturday as the country experienced record weekly inflation amid the ongoing economic turmoil. The price of gold (24 carats) increased by Rs500 per tola and Rs429 per 10 grams to reach…
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Gold rate declines slightly from all-time high
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[ad_1] An undated image of gold bangles. — AFP After reaching another all-time high a day earlier, the rate of gold declined slightly in Pakistan Friday in line with developments in the international market. The rate of gold (24 carats) decreased by Rs300 per tola and Rs257 per 10 grams to reach Rs225,000 and Rs192,901,…
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Petrol price to remain unchanged, diesel rate reduced by Rs5 per litre
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[ad_1] — AFP/File ISLAMABAD: Finance Minister Ishaq on Sunday announced reducing the price of diesel by Rs5 per litre while keeping the price of petrol unchanged for the next fortnight, effective from April 1. In a televised address, he said the new prices had been worked out to provide “maximum relief” to the masses on…
