Consumers may have to pay more for their daily essential items with FMCG companies mulling another round of price hike to offset the impact of an unprecedented level of inflation in commodity prices such as wheat, palm oil and packaging materials. Besides, the ongoing war between Russia and Ukraine has also added another blow to…Continue Reading

Gold bangles are displayed at a gold shop in Gold Souq in Dubai, United Arab Emirates, on December 30, 2018. Picture was taken December 30, 2018. Reuters/FileGold price drops by Rs200 per tola to reach Rs130,550.Bullion rates in Pakistan are around Rs6,000 below cost.Silver prices in the domestic market remain unchanged.KARACHI: Gold price in Pakistan…Continue Reading

Oil prices rose on Thursday amid confusion over whether major producers would help to plug a gap in supplies from Russia, BBC reported.The United Arab Emirates had appeared to push the members of the Opec producer group to raise output, only for the UAE’s energy minister to quash hopes. The oil price rose more than…Continue Reading