In a targeted operation in Dera Ismail Khan, security forces successfully neutralized eight terrorists who were reportedly planning attacks.
This intelligence-based operation was executed on Friday, as reported by the Inter-Services Public Relations. The terrorists were engaged in multiple acts of violence against security forces and had been targeting innocent civilians.
The operation involves removing any remaining terrorists from the area, as the security forces are committed to eradicating the threat of terrorism within the nation. During this process, they have confiscated weapons, ammunition, and explosives from the captured terrorists.
On Saturday, during a different operation, the security forces successfully neutralized two terrorists in the North Waziristan District.
The military’s media wing reported that they are conducting a thorough sanitization process to ensure no further terrorists remain in the area. The Security Forces of Pakistan are committed to eradicating this threat and maintaining peace.
The cost of gold in Pakistan reaches an unprecedented peak due to a worldwide increase, surpassing Rs245,000 per tola
Gold prices in Pakistan reached an unprecedented level on Saturday, following the global rate’s record surge. The precious metal’s value soared to Rs245,100 per tola, marking a single-day increase of Rs4,900. The 10-gram gold was sold at Rs210,134 after experiencing a rise of Rs4,200, as reported by the All Pakistan Gems and Jewellers Sarafa Association.
In contrast, gold prices had dropped by Rs900 per tola the previous day. This latest spike has pushed the local gold price per tola to an all-time high, surpassing the previous record of Rs242,700 per tola in September 2023, as per the APGJSA’s data.
Abdullah Abdul Razzak Chand, Vice President of APGJSA, stated that Pakistan is currently experiencing its highest gold rate. The primary reason behind this surge is the increase in the global gold rate.
However, this rise in gold prices is causing concern among local dealers and jewelers. The already reduced customer count during Ramzan is expected to worsen due to this record increase. Furthermore, high gold rates may negatively impact jewelry sales during the upcoming wedding season, as demand for gold will likely remain low due to its elevated prices.
The international market has been affected by the buzz surrounding the US Fed rate cut. Consequently, the international gold rate, with a $20 premium, reached a record $2,350 per ounce after a $44 increase in the market. Additionally, silver rates have risen by Rs40, now priced at Rs2,650 per tola.
