Tue, 21-Oct-2025

Gold trading at record high of Rs 145,500/tola

KARACHI: The prices of gold gained Rs1,500 in the local market to an all-time high of Rs145,500/tola on Friday as the downward spiral of the rupee continued against the dollar. Gold 24kt gained Rs1,500/tola and Rs1,285/10 grammes to hit Rs145,500/tola and Rs124,742/10 grammes, respectively. The latest record high was recorded in the prices of yellow … Read more

US acts outside IEA; release oil from SPR to curb fuel prices

US

LONDON: Despite warning from analysts, US President Joe Biden finally announced the release of crude oil from the country’s strategic stockpile, a unilateral move first mooted by his Energy Secretary Jennifer Granholm in October, as he seeks to curb inflationary pressure in the US economy, Arab News reported. Gasoline prices nationwide are averaging about $3.40 a gallon, … Read more