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.
The massive quake shook eastern Russia and far western Alaska. Here's the latest. Hours after a massive 8.8 magnitude earthquake struck near the Russian coast, becoming one of the strongest tremors ever recorded, tsunami waves arrived in Hawaii and the U.S. West Coast following efforts to get hundreds of thousands away from coastlines and to higher ground. As the tsunami waves arrived in Hawaii, the water receded 20 to 30 feet on Oahu, according to the Associated Press. Boats were left behind on dry sand as the water pulled out, and although officials said they were still surveying the coastlines, no damage has been reported in Hawaii so far. In California, tsunami waves as big as 4 feet have been recorded (that one was in Crescent City), and residents were urged to remain off the beaches until further notice. "We are now seeing tidal swings of 2 to 2.5 feet in as little as 15 minutes ," in San Francisco, the National Weather Service's Bay Area office posted on X W...