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Gold prices fall by Rs2300 per tola

Source: Geo News | 26-06-2013

KARACHI: Gold prices were slashed by Rs2300 per tola after cut in its prices in the international market by $58 ounce, Geo News reported.

According to the President All Sindh Jewellers Association, Haroon Chand, the prices of gold were reduced by $58 per ounce to $1225, as a result the local markets also witnessed Rs2300 per tola cut in its prices. With this major reduction, the gold prices stood at Rs47,500 per tola.

It may be noted here that the prices of gold touched record high at $1919 per ounce in 2011, however, after this the markets have witnessed 36 percent reduction.

Suzuki plans to drive car rates up further

Source: The Nation | 18-01-2013

Pak Suzuki (PSMC) is expected to announce a price hike of around Rs20,000-25,000 per unit on Friday (today), showing an upward revision of 2-4 per cent, market sources said. Industry expert Syed Atif Zafar said that PSMC had last raised its prices in October 2012 by a similar quantum. He stated that the price hike, if implemented, will be the first pric..... Read more

Fish, meat exports up 3.43pc, 41.49pc

Source: The Nation | 28-02-2013

Fish and fish preparations exports from the country during the last seven months of current financial year (FY) recorded growth of 3.43 per cent as compared to the same period of last FY. During the period from July-January, 2012-13 country earned US$ 180.20 millon by exporting about 81,324 metric tons of fish and fish products whic was recorded at 15,277..... Read more

China economy to overtake US by 2019

Source: The News | 10-01-2013

China will overtake the United States economically within six years, an official research institute predicts, and go on to become the world's most important country in three decades more, state media said Wednesday. The findings came from the Nation's Health Report issued by the Chinese Academy of Sciences, the Global Times said, without giv..... Read more

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