Gold prices in Oman are going up. This is because of global economic problems and political tensions in different parts of the world. When things feel risky, investors like to buy gold, which is seen as a safe choice. Current Gold Prices in Oman: 24-karat gold: OMR 2.350 per gram 22-karat gold: OMR 2.250 per […]
Spot gold was down 0.9% at $3,338.39 an ounce, as of 0526 GMT, after hitting its lowest level since June 11 earlier in the session. U.S. gold futures slipped 1.2% to $3,352.60. “It seems like there’s a good bit of geopolitical risk that’s exiting the market here near term after, of course, we have signs […]
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb said on Monday that the budget for fiscal year 2025–26 was a balanced plan focused on providing public relief, promoting industry, curbing government expenditures, enhancing revenues, and ensuring fair tax enforcement—all aimed at fostering sustainable growth and driving an export-led economy. While concluding debate on the […]
The benchmark KSE-100 Index of PSX declined by 1639.27 points, a drop of 1.37 percent, at 11:44 am during the intra-day trading. The KSE-100 Index plunged to 118,383.96 points, down from 120,023.23 points recorded in the previous trading session. Nabeel Haroon, an analyst at Topline Securities, attributed the market’s decline to the rising geopolitical uncertainty. […]
The selling rate of Saudi Riyal also moved up accordingly and settled at Rs76.14 after gaining eight paisas in open market. The official currency of Saudi Arabia, denoted as Saudi Riyal or SAR, is divided into 100 halalas. Managed by the Saudi Central Bank, it has been pegged to the US Dollar since 1986, ensuring […]
The selling rate of Saudi Riyal also moved up accordingly and settled at Rs76.08 after gaining eight paisas in open market. The official currency of Saudi Arabia, denoted as Saudi Riyal or SAR, is divided into 100 halalas. Managed by the Saudi Central Bank, it has been pegged to the US Dollar since 1986, ensuring […]
The deputy prime minister was chairing a high-level meeting to review the supply and availability of essential food commodities, especially sugar. He directed the authorities concerned to fully implement the government’s policy of supplying essential food items to the common man at affordable prices. The meeting was attended by the Minister for National Food Security, […]
This stabilizing trend follows a consistent increase seen earlier in the week, during which the AED rose from 76.44 PKR to 76.96 PKR, signaling growing trust in the Emirati economy. Decoding Currency Valuation: What Influences the Exchange Rate? Exchange rates are influenced by numerous factors such as interest rates, inflation, trade balances, foreign exchange reserves, […]
The rates of 10 grams of 24 karat also decreased by Rs 857 to Rs 309,756 from Rs 310,613, and for 10 grams of 22 Karat it came down by Rs 785 to Rs 283,953 from Rs 284,738. The rates of per tola and ten gram silver went up by Rs.69 and Rs.59 to Rs.3,856 […]
The selling rate of Saudi Riyal also moved up accordingly and settled at Rs76 after gaining eight paisas in open market. The official currency of Saudi Arabia, denoted as Saudi Riyal or SAR, is divided into 100 halalas. Managed by the Saudi Central Bank, it has been pegged to the US Dollar since 1986, ensuring […]
