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.
Abu Dhabi’s Crown Prince is scheduled to arrive in Pakistan tomorrow, marking a significant event in the diplomatic calendar of both nations. This visit is anticipated to strengthen the ties between the United Arab Emirates and Pakistan, focusing on enhancing bilateral relations in various sectors, including trade and investment. Political leaders in Pakistan are preparing to engage in meaningful discussions, reflecting the mutual interest in fostering a deeper partnership. During his stay in the federal capital, the Crown Prince will hold meetings with key figures in Pakistan’s political leadership. These discussions are expected to cover a wide range of topics, from economic cooperation to security collaboration. Both nations are keen to explore avenues for growth and development that can benefit their populations, showcasing the importance of such high-level diplomatic interactions. Sources suggest that several key Memorandums of Understanding (MoUs) will be signed as part ...