Gold Rates

Gold prices in Pakistan experienced a decline, in contrast to the stability observed in international markets as the new trading week commenced.

The per tola gold prices in Pakistan dropped by Rs1,280, reaching Rs212,100. Additionally, the 10-gram price saw a decrease of Rs1,028, with a new rate of Rs81,842.

However, the global gold prices remained steady at $2,550, indicating that the fluctuations in gold rates were specific to the Pakistani market.

The factors influencing the domestic gold prices could include local demand, currency exchange rates, and market dynamics unique to Pakistan.

These fluctuations in gold rates are closely monitored by investors, jewelry makers, and individuals interested in purchasing or selling gold, as they impact various financial decisions and the overall gold market in Pakistan.

Sheikh Rasheed Vows To Contest Elections, Even From Jail

Meanwhile,

Veteran politician Sheikh Rasheed, undeterred by the prospect of imprisonment, affirmed his intention to contest the next election against the Pakistan Democratic Movement (PDM).

Speaking to reporters after the Lahore High Court’s Rawalpindi bench ordered the de-sealing of Lal Haveli, Rasheed declared his candidacy for both seats in the city, a tradition he has maintained.

Despite being arrested four times in the October 5 case, Rasheed challenged the authorities to call him directly if they intended to apprehend him instead of picking up his employees. He also expressed his unwavering loyalty to his ‘friends’ until the end. In addition, Rasheed reiterated his condemnation of the May 9 incidents, attributing them to ‘dirty’ individuals.