The latest declarations from the White House have sent shockwaves through global markets, as President Donald Trump suggests the U.S. could wind down its military campaign against Iran within two to three weeks. However, as domestic petrol prices climb past $4 a gallon and the Strait of Hormuz remains a volatile chokepoint, many are questioning if this mission accomplished narrative is premature. The reality on the ground characterized by a lack of formal negotiations and a mowing the lawn military strategy suggests that ending this conflict will be far more complex than a simple withdrawal. The Stone Age Strategy: Defining the U.S. Military Objective President Trump has pivoted from seeking a diplomatic grand bargain to a strategy of pure attrition. By stating that a deal is no longer necessary, he has redefined success as the degradation of Iran’s capabilities to the point of being put into the Stone Ages.This shift signals an Israelization of American war aims, where the goal is n...
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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