Over the past 25 years, gold has generated an average annual return of 14.6%, far higher than any traditional saving scheme or bank deposit. (Image: Pexels) If the same pace continues, gold prices could reach high levels by 2050 that Rs 1 crore would be enough to buy just a few grams of gold. (Image:…
At current prices, the looted gold is worth around $70 million. PHOTO: PIXABAY Gold prices record a major decline in local and international markets In the international bullion market, the price of gold dropped sharply by $85 per ounce, settling at $4,150. In the local market, the price of gold per tola fell by Rs7,538,…
The logos of Danish drugmaker Novo Nordisk, maker of the blockbuster diabetes and weight-loss treatments Ozempic and Wegovy is seen outside theri building as the company presents the annual report at Novo Nordisk in Bagsvaerd, Denmark, on February 5, 2025. Mads Claus Rasmussen | Afp | Getty Images Several Novo Nordisk board members will step…
In 2006-07, a 1 percent withholding tax was imposed on commercial imports of gold in the country. Photo: Express News The price of 24-karat gold per tola fell by Rs1,400 on Monday, selling at Rs444,900 compared to Rs446,300 on the previous trading day, according to the All Pakistan Sarafa Gems and Jewellers Association. Similarly, the…
More companies are announcing AI-driven layoffs from Salesforce to Accenture. Twenty20 From tech to airlines, large global companies have been slashing staff as the real-world impact of artificial intelligence plays out, spooking employees. But critics say AI has become an easy excuse for firms looking to downsize. Last month, tech consultancy firm Accenture announced a…
In 2006-07, a 1 percent withholding tax was imposed on commercial imports of gold in the country. Photo: Express News Gold prices saw a sharp decline in both international and domestic markets on Saturday. According to market reports, the international bullion price fell by $106 per ounce, bringing it down to $4,252. In Pakistan, the…
