surge

Geopolitical Tensions Fail to Spark Oil Price Surge

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The tensions in the Middle East have highlighted the ebb and flow of the geopolitical risk premium in oil prices so far this month. Analysts believe that oil currently includes between $5 and $10 per barrel in premium to reflect a risk of escalation in the Israel-Iran conflict. The past week has illustrated how traders … Read more

Gold rates surge above Rs252,000 after $11 jump in international market - Business

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KARACHI: The 10 gram and one tola gold rates climbed to an all-time high of Rs216,221 and Rs252,200 on Saturday — up by Rs1,286 and Rs1,500 on the Friday figures. As per rates issued by All Sindh Saraf Jewellers Association (ASSJA), gold rates surged on Saturday due to an $11 per ounce rise in the … Read more