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 asked the US for small arms to support its ongoing Operation Azm-e-Istekham, in an attempt to strategically bolster its counterterrorism capabilities. This appeal coincides with a rise in violent incidents in the provinces of Khyber Pakhtunkhwa and Balochistan, where terrorist organizations like as Tehrik-i-Taliban Pakistan (TTP) and Baloch separatists have stepped up their attacks on both civilians and security personnel. Launched earlier this year, Operation Azm-e-Istekham seeks to destroy these terrorist networks and bring stability back to the impacted areas. The operation demonstrates Pakistan's will to fight terrorism by using a variety of strategies, such as military action, community outreach, and intelligence-based operations. The U.S. request for small guns emphasizes how critical it is for Pakistan to provide its security personnel with up-to-date, dependable armament. Close-quarters fighting operations—which are necessary for successful counterterror...