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Gold prices remain steady in Pakistan after record surge

  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.
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Namibian President Hage Geingob passes away aged 82


 Namibia’s President Hage Geingob, aged 82, passed away after revealing his battle with cancer. In his second term, he supported South Africa’s case against Israel and condemned Germany. Acting President Mbumba expressed deep sorrow, stating that Geingob was surrounded by family.

Detected with cancerous cells in January, he was praised by leaders like South African President Cyril Ramaphosa and Kenyan President William Ruto for his role in liberation and commitment to a unified Africa.

Geingob, Namibia’s longest-serving prime minister, underwent surgeries and received treatment until his demise.

As the nation mourns Geingob's passing, Namibia is set to hold presidential and national assembly elections later in the year.

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