Business
Gold prices in Pakistan take a step back – SUCH TV
Gold prices in Pakistan fell on Wednesday (November 12), continuing a mixed trend in the local market. The rate of 24-karat gold in local market dropped by Rs1,000, closing at Rs434,762 per tola.
Similarly, 24-karat gold per 10 grams was sold at Rs372,738, down Rs857 from the previous day. The price of 22-karat gold also declined, reaching Rs341,688 per 10 grams, according to the All-Pakistan Gems and Jewelers Sarafa Association.
While gold lost some value, silver moved in the opposite direction. Domestic rates for 24-karat silver rose by Rs81 to Rs5,434 per tola, and Rs69 to Rs4,658 per 10 grams, reflecting stronger demand for the metal.
International cues weigh on gold
Global gold prices eased on Wednesday, retreating slightly after a recent surge that took the precious metal to a near three-week high. Spot gold was down 0.2 percent at $4,116.65 per ounce, following a rebound in the US dollar and profit-taking by investors.
Market analysts say the pullback is part of a natural correction after gold’s recent rally, which had been driven by expectations of further interest rate cuts by the Federal Reserve.
Tim Waterer, Chief Market Analyst at KCM Trade, noted that both gold and silver had benefited from a weaker dollar earlier in the week, and “normal service has resumed,” with gold trading comfortably above $4,100 while monitoring potential gains should US economic data support additional policy easing. Investors in Pakistan are likely to watch both local and international trends closely in the coming days, as the market remains sensitive to shifts in global interest rates and currency movements.
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Over recent quarters, payouts had gradually improved from roughly 65 percent to 80 percent and now to an average of about 85 percent in Q3FY26.
Infosys logo is seen.
IT major Infosys rolled out performance bonus payouts averaging around 85 percent for the quarter ended December 31, 2025 (Q3FY26), marking the strongest variable pay outcome for eligible employees in at least the past three-and-a-half years, Moneycontrol reported citing people in the know.
The bonus payout for mid- to junior-level employees ranges between 75 percent and 100 percent, with most employees clustering around the organisation-wide average of 85 percent, the report said. The development signals a steady recovery in variable compensation at the Bengaluru-headquartered IT services firm. Over recent quarters, payouts had gradually improved from roughly 65 percent to 80 percent and now to an average of about 85 percent in Q3FY26.
Employees are expected to receive their bonus letters over the next few days, with the payout scheduled to be credited along with their February salary.
One employee told the outlet that it is the strongest bonus outcome seen in recent years. The payout is also among the rare instances since the Covid-19 period when variable pay has approached the upper end of the eligible range.
Infosys last paid out 100 percent variable compensation during the pandemic. In the quarters that followed, payouts were lower amid macroeconomic uncertainty and a broader slowdown in client spending across global markets.
The higher payout comes at a time when global IT stocks have faced renewed pressure, driven by concerns over rapid advances in artificial intelligence and their potential impact on traditional IT services models.
Shares of global IT firms have seen sharp sell-offs in recent weeks amid heightened investor focus on AI leaders such as Anthropic. Investors fear that generative AI tools could compress pricing, automate routine services work and reduce demand for legacy outsourcing models.
Against that backdrop, the improved bonus payout at Infosys is being viewed as a signal of operational resilience and near-term performance strength, even as sentiment around the broader IT sector remains cautious.
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February 13, 2026, 21:44 IST
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