Buying & Selling

On Tuesday, gold prices in Pakistan held steady at a record Rs. 370,700 per tola following Monday’s unprecedented Rs. 3,300 jump. The 10-gram rate remained unchanged at Rs. 317,815, mirroring the international price of $3,480 per ounce (plus a $20 premium), while silver also stayed firm at Rs. 4,303 per tola.

The Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) recently raised an alarm over the continuous import of used cars, warning that this practice could decimate the local auto parts industry. According to PAAPAM Chairman Usman Malik, this sector, which directly employs nearly two million people and supplies up to 70% of parts for cars and 90% for motorcycles, is at significant risk. During an Auto Parts Summit, Malik urged the government to protect domestic manufacturing, pointing out that even developed nations like the United States use tariffs to safeguard their industries.

The Capital Development Authority (CDA) has declared 99 housing societies in Islamabad illegal, leaving thousands of investors in a state of crisis. The move, aimed at enforcing urban planning laws, targets schemes operating without proper approvals, often in Zones 3 and 4. Many of these projects are accused of selling plots without legal standing or infrastructure. While the CDA has not released an official list, a partial list of 35 illegal societies has emerged, highlighting the widespread nature of the issue.

Pakistani gold prices have sharply declined by PKR 8,500 per tola in just three days. On Saturday, 24 karat gold traded at PKR 356,400 per tola, following a PKR 300 drop from Friday. This significant downturn, mirrored in both local silver prices and international precious metal markets, marks a notable shift for investors and consumers.

In a landmark move, Saudi Arabia is set to allow foreigners to own property starting January 2026, marking a pivotal step in its Vision 2030 economic diversification strategy. This transformative policy will enable expats, international investors, and foreign companies to acquire real estate in pre-approved zones, initially focusing on dynamic cities like Riyadh and Jeddah. This strategic opening, mirroring successful models in other Gulf nations, is poised to significantly boost the Kingdom’s real estate, construction, and financial sectors, creating unprecedented opportunities for global buyers and further cementing Saudi Arabia’s position as a burgeoning investment hub.

Car buyers in Pakistan are facing steeper prices as Honda Atlas Cars Limited (HACL) has implemented significant increases on various models, effective July 1. This surge, ranging from Rs. 47,000 to a staggering Rs. 201,000, is primarily attributed to the new New Energy Vehicle (NEV) levy introduced by the government in the federal budget for FY26. While HACL has previously absorbed cost pressures from rupee devaluation and rising freight, the NEV levy is now being passed directly to consumers, impacting popular choices like the Honda City, BR-V, and Civic.

Islamabad’s property landscape is shifting as the Capital Development Authority implements a substantial increase in property transfer fees, tripling them from 1% to 3%. Effective July 1, 2025, this new fee structure, based on FBR valuation rates, impacts all urban CDA sectors, though some relief is offered for family-related transfers. Discover what this means for your next property transaction in the capital.

Islamabad’s real estate landscape is set for a significant boost as the Capital Development Authority (CDA) unveils a three-day commercial plot auction from July 15-17, 2025. This highly anticipated event at the Jinnah Convention Centre offers a diverse portfolio of prime plots across key sectors, including the coveted Blue Area and various Markaz locations. With investor-friendly terms like flexible payment plans, attractive rebates, and streamlined approval processes, this auction presents an unparalleled opportunity for both local and overseas investors to secure high-potential commercial real estate in Pakistan’s capital city.

Pakistan’s automotive sector is bracing for a potential downturn. A proposed increase in General Sales Tax (GST) in the upcoming budget could significantly impact vehicle sales and jeopardize millions of jobs. Industry leaders, including Pak Suzuki and Master Changan Motors, are engaging with the government to highlight the severe repercussions for both manufacturers and the broader economy. Discover what this could mean for car buyers and the future of local auto manufacturing.