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.
Pakistan has a close economic and political relations with the Gulf Cooperation Council (GCC). These ties is dependent on the future leadership with the future PM. Before that Sharif has prioritised attracting investment and making strong trade between pakistan and gulf allies like Saudia Arabia and UAE. The GCC always play an vital role in pakistan economy I believe this the prime source of import and remittances from expatriate workers. According to study 4 million people are living in GCC countries. The on going economic crisis in the country due to this it help a-lot of Pakistani for living. Especially Saudi vision 2030 or UAE expo provides many opportunities for pakistan to attract the investment and export manpower goods. GCC allies have stepped up in support with billion of loans to support Pakistan’s finances. That increased the investment and trades that could help pakistan and achieve development goals. UAE & Pakistan are working to enhance the bil...