Gold prices in both global and local markets remained stable on Friday, although per tola rates continued to hover at record highs. In the international bullion market, the price of gold per ounce held steady at $3,865 with no change. Similarly, in local bullion markets, the price of gold per tola stayed unchanged at Rs407,778. In line with the global movement, domestic prices followed suit, with gold per 10 grams remaining stable at Rs349,603. Meanwhile, spot gold inched up 0.03% to $3,857.25 per ounce after hitting a record high of $3,896.49 on Thursday. The bullion has gained 2.6% so far this week. Among other precious metals, spot silver climbed 0.6% to $47.24 per ounce, platinum rose 0.5% to $1,576.25, and palladium gained 1.4% to $1,258. 25.
On Friday, an Islamabad district and sessions court converted the non-bailable arrest warrants issued against former Prime Minister Imran Khan into bailable warrants till April 18 in a case related to alleged threats made to a judge. The case was registered against Khan in 2017 for allegedly making threats against a judge during a public gathering in Islamabad . The judge had ordered the registration of the case after he received threatening phone calls and messages following a verdict against Khan's Pakistan Tehreek-e-Insaf (PTI) party. Khan, who was served as the Prime Minister of Pakistan, had failed to appear in court despite multiple summons, leading to the issuance of non-bailable arrest warrants against him. However, Khan's legal team argued that their client was not aware of the summons, and that the arrest warrants were issued without following the proper legal procedure. The court agreed with Khan's legal team and converted the non-bailable arrest warrants int...