Pakistan’s gold market continues to see a surge in prices, with the All Pakistan Sarraf Jameel and Jewelers Association reporting a significant increase in the price of gold per tola. After a rise of Rs. 15,200, the price of gold per tola has reached Rs. 479,262. The global market has also seen a significant rise in gold prices, with the price per ounce increasing to $4,413, up from $4,250.
The global market is experiencing a high demand for gold, driven by the increasing tensions in the Middle East and the closure of the Strait of Hormuz. This has led to a significant increase in the price of gold, making it a valuable commodity in Pakistan.
In a bid to curb the rising prices, the government has decided to expand the scope of the digital account introduced by Prime Minister Shehbaz Sharif. This move is expected to provide relief to the common man and help stabilize the economy.
The Karachi Port has also seen a surge in shipments, with the port handling more containers in just 24 days than the total number of shipments handled in the entire last year. The global market has also seen a significant decrease in the price of gold, with the price per ounce decreasing to $4,445.
The Pakistan Stock Exchange has also seen a significant increase in the value of the 100-index, which reached 1,52,907 points at the end of the last trading session. The exchange has also seen a significant increase in the value of the 100-index, which reached 1,58,313 points at the end of the last trading session.
The government has also taken steps to stabilize the economy, including the increase in the price of petroleum products. The increase in the price of petroleum products has been met with opposition from various quarters, including the opposition parties and the business community.
In other news, a federal commission has approved the design of a commemorative coin featuring a portrait of former US President Donald Trump. The coin is expected to be made of 24-karat gold and will be a valuable addition to the country’s numismatic collection.
The government has also taken steps to promote financial inclusion, including the expansion of the digital account introduced by Prime Minister Shehbaz Sharif. The digital account will allow non-resident Pakistanis and foreign legal entities to open an account in the country.
In a separate incident, a group of students attacked a professor in the campus, while a video shows a student hitting the professor with a shoe. The incident sparked outrage on social media, with many calling for greater accountability in educational institutions.
In sports news, former Pakistan cricket captain and commentator Shoaib Malik has shared an interesting anecdote about spinner Usman Qadir’s first match. The spinner made his debut in a match against England and bowled a spell that left the English batsmen stunned.
In other news, the Iranian embassy has identified a fake social media account that was spreading false information about the country. The fake account was quickly shut down by the authorities.
Finally, a court has convicted an Afghan refugee of raping and abducting a 12-year-old girl. The incident has sparked outrage in the country, with many calling for greater action to be taken to protect women and children.
In a separate development, the Pakistan Cricket Board has decided to issue a show-cause notice to national cricketer Nasim Shah for violating the central contract. The decision has been made after an investigation into the incident.
