Gold

Gold Prices in Pakistan Jump Sharply After Budget Shock

Karachi (PNP) Gold Prices in Pakistan recorded a significant increase on Saturday as investors continued to move toward safe-haven assets following the presentation of the federal budget for fiscal year 2026-27 and amid heightened geopolitical uncertainty in the Middle East. According to the latest rates released by the All Pakistan Sarafa Gems and Jewellers Association,…

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World News in Brief: Gaza relief ‘an impossible mission’, COVID spreading fast again, food prices fall

World News in Brief: Gaza relief ‘an impossible mission’, COVID spreading fast again, food prices fall

“Its people are witnessing daily threats to their very existence – while the world watches on”, warned Emergency Relief Coordinator Martin Griffiths in a statement, adding that “hope has never been more elusive” amidst deteriorating conditions. “The humanitarian community has been left with the impossible mission of supporting more than two million people, even as…

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Russia's withdrawal from the deal is likely to increase food prices, IMF

Russia’s withdrawal from the deal is likely to increase food prices, IMF

International organizations have expressed concern over Russia’s decision to withdraw from the Ukraine grain agreement. On the Russian decision, the International Monetary Fund (IMF) has expressed fear of an increase in global food prices. In this regard, the IMF says that Russia’s withdrawal from the Ukraine grain agreement will seriously damage global food security. A…

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