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Gold price drops by Rs10,700 per tola in Pakistan

  Gold prices in Pakistan   decreased on Tuesday in line with their loss in the international market. In the local market, gold price per tola reached Rs459,462 after a decline of Rs10,700 during the day. Similarly, 10-gram gold was sold at Rs393,914 after it fell by Rs9,174, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Monday , gold price per tola reached Rs470,162 after a decline of Rs5,500 during the day. The international rate of gold declined by $107 to reach $4,371 per ounce (with a premium of $20). Meanwhile, the price of silver also decreased by Rs145 to reach Rs7,930 per tola.
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Pakistan Pavilion Opens at Middle East Energy 2025




The Pakistan Pavilion was officially inaugurated at the 49th edition of Middle East Energy 2025, taking place at the Dubai World Trade Centre from April 7 to 9, 2025. The event is recognized as one of the premier energy exhibitions in the region, attracting over 40,000 energy professionals and 1,600 international exhibitors. The inauguration ceremony was led by Pakistan’s Ambassador to the United Arab Emirates (UAE), Faisal Niaz Tirmizi, who emphasized the importance of this event for showcasing Pakistan's capabilities in the energy sector.

During the inauguration, Ambassador Tirmizi expressed pride in the participation of eight leading Pakistani companies under the umbrella of the Trade Development Authority of Pakistan (TDAP). These companies are showcasing innovations across five key energy transition sectors: Smart Solutions, Clean & Renewable Energy, Backup Generators & Critical Power, Transmission & Distribution, and Energy Consumption & Management. This diverse representation highlights Pakistan's commitment to advancing its energy technologies and solutions.

The Ambassador noted that the pavilion is attracting global buyers and is a testament to Pakistan's growing role in the international energy market. He stated, “It is a matter of great pride that eight dynamic Pakistani companies are participating in this prestigious event under TDAP’s platform.” This participation is seen as a significant opportunity for Pakistani businesses to engage with international partners and explore new avenues for collaboration.

In addition to showcasing products and innovations, the Pakistan Pavilion serves as a platform for knowledge exchange and networking among industry leaders. Ambassador Tirmizi highlighted the increasing interest in Pakistani products, which reflects the country's potential as a competitive player in the energy sector. He emphasized that the Middle East Energy exhibition provides a vital opportunity for Pakistani businesses to strengthen their footprint in the global market.

The event also underscores the importance of the UAE as one of Pakistan's key trading partners. The Ambassador pointed out that the growing economic ties between the two countries are essential for fostering mutual growth and development. The pavilion is expected to facilitate discussions on trade agreements and investment opportunities that can benefit both nations.

In conclusion, the inauguration of the Pakistan Pavilion at Middle East Energy 2025 marks a significant step in promoting Pakistan's energy sector on an international stage. By participating in such prestigious events, Pakistan aims to enhance its visibility and attract investment, ultimately contributing to the country's economic growth and development in the energy domain.
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