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Gold price sharply increases in Pakistan

Gold price settles at Rs125,900 after gaining Rs700 per tola in the domestic market

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Gold price sharply increases in Pakistan
GNN Media: Representational Photo

Karachi: Gold price on Thursday increased by Rs700 per tola and Rs601 per 10 grams in the domestic market.

According to the All Sindh Sarrafa and Jewelers Association, the gold price in Pakistan recorded an increase of Rs700 per tola as it settled at Rs125,900 per tola and Rs107,939 per 10 grams today.

In the international market, the gold prices rose by $20 per ounce to close at $1,837 as a retreat in US Treasury yields and the dollar sparked investor interest, with concerns surrounding inflation and geopolitics lending support.

It is pertinent to mention that the gold rates in Pakistan are around Rs1,500 below the cost compared to the gold rate in the Dubai market.

Meanwhile, silver prices in the domestic market remained unchanged at Rs1,450 per tola and Rs1,243.14 per 10 grams today.

Faisal Waqas

Faisal Waqas is a passionate journalist who has eight years of diversified experience in print, electronic and digital media. He has previously worked with other renowned private TV channels as well as English Newspaper and now associated with GNN as Senior Content Writer. Faisal has graduated from the University of Punjab and earned his M.Phil degree in Mass Communication from Superior University of Lahore.

Pakistan

Pakistan committed to promote environment of peace, stability in South Asia

"Pakistan adheres to the latest international standards on export controls and maintains the highest standards of nuclear safety and security"

Published by Siddra Sumreen

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Pakistan committed to promote environment of peace, stability in South Asia

Islamabad: Pakistan is committed to the promotion of an environment of peace and stability in South Asia while preserving its capability to ward off aggression or adventurism in any form.

In a press release in connection with Youm-e-Takbeer being observed on Saturday, Foreign Office Spokesperson Asim Iftikhar said the tests conducted in 1998 not only demonstrated the resolve of the Pakistani nation to safeguard the country's territorial integrity, independence, and sovereignty, but also the desire to preserve strategic balance in South Asia.

He said we are partners in international efforts to strengthen the global non-proliferation regime based on the principles of non-discrimination and equal security for all states.

The spokesperson said Pakistan adheres to the latest international standards on export controls and maintains the highest standards of nuclear safety and security.

He also paid tributes to its scientists, engineers and technicians in ensuring Pakistan's security saying that the nation also deeply appreciates the contributions of Pakistan's nuclear programme to the country's socio-economic development.

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Pakistan

Hot, dry weather expected in most parts of country

Rain-wind/thunderstorm is expected at isolated places

Published by Siddra Sumreen

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Hot, dry weather expected in most parts of country

Islamabad: Mainly hot and dry weather is expected in most parts of the country, while very hot in Punjab and upper Sindh during the next twelve hours.

However, rain-wind/thunderstorm is expected at isolated places in Upper Punjab, Upper Khyber-Pakhtunkhwa, Gilgit Baltistan and Kashmir.

Temperature of some major cities recorded this morning:            

Islamabad twenty-four degree centigrade, Lahore and Karachi twenty-nine, Peshawar twenty-five, Quetta, Gilgit and Muzaffarabad nineteen and Murree fifteen degree centigrade.      

According to Met office forecast for Indian Illegally Occupied Jammu and Kashmir, partly cloudy weather with chances of rain and wind-thunderstorm is expected in Srinagar, Jammu, Leh, Pulwama, Anantnag, Shopian and Baramulla.

Temperature recorded this morning: 

Srinagar, Anantnag and Baramulla fourteen, Jammu twenty-three, Leh seven, Pulwama and Shopian thirteen degree centigrade.

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Sports

Tennis star Nadal makes entry into French Open last 16

The Spaniard is now 108-3 at Roland Garros in his career

Published by Faisal Ali Ghumman

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Tennis star Nadal makes entry into French Open last 16

Rafael Nadal continued his pursuit of a 14th French Open title, cruising past Dutch 26th seed Botic van de Zandschulp 6-3, 6-2, 6-4 to reach the last 16 on Friday.

The 21-time major champion will play Canadian ninth seed Felix Auger-Aliassime for a place in the quarter-finals, where world number one Novak Djokovic could await him.

Nadal is now 108-3 at Roland Garros in his career.

"I think I played a good match against a good player. I'm very happy to win," said Nadal.

The Spaniard had a break point for 5-0 in the third set, but Van de Zandschulp refused to roll over, winning four of the next five games before Nadal put away his second match point, having saved a break point in between the two.

"You always feel a little bit the nerves to finish the match, so I'm happy to be through in straight sets," said Nadal.

"I think it was my best match of the tournament so far for two-and-a-half sets, so I'm very happy with that."

Nadal has reached at least the fourth round in 17 of 18 visits to Paris, with the exception of 2016 when he withdrew in the third round with a wrist injury.

SOURCE: AFP

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