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Today’s gold rates in Pakistan reflect global market movements and domestic trading dynamics. As investors closely monitor international bullion trends, local markets respond with daily fluctuations. These rates are updated regularly by major Sarafa (gold) markets across cities like Karachi, Lahore, and Islamabad. Current Gold Prices As of May 7, 2025, the price of 24-karat …
Continue reading “Gold Price Trends in Pakistan Today – May 7, 2025”
Amid rising tensions with India, Pakistan has strengthened its financial resilience by reinforcing contingency plans across key financial institutions. This swift action follows retaliatory military operations and a temporary stock market dip. Authorities are focused on safeguarding economic infrastructure and maintaining investor confidence. Swift Government Action An emergency meeting was held under Finance Minister Muhammad …
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Following Indian missile attacks on multiple locations in Pakistan, political leaders across the spectrum have strongly condemned the aggression, calling it a cowardly assault on civilians and a threat to regional peace. Civilian Casualties Spark Outrage India’s missile strikes targeted six areas in Pakistan, killing 26 people—including two three-year-old girls and seven women—and injuring 46 …
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Shares of Dassault Aviation, the French manufacturer of Rafale jets, plunged by 6% on Wednesday following the downing of five Indian aircraft by Pakistan amid rising tensions along the Line of Control (LoC). Pakistan Downs Multiple Indian Aircraft According to Pakistani defense officials, six Indian aerial assets were destroyed: three Rafale jets, one MiG-29, one …
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A recent crackdown by the Sindh Food Authority (SFA) has exposed a serious case of milk adulteration in Karachi. Inspections of over 100 tea shops revealed that nearly all were using contaminated ingredients, raising health concerns for millions who consume tea daily. Contaminated Tea and Milk Widespread Officials confirmed that 100% of the tea leaf …
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Chief Justice of Pakistan Yahya Afridi has highlighted a growing wave of judicial cooperation as he detailed the judiciary’s reform agenda and technological shift following his recent visits to China and Turkey. In a candid session with Supreme Court beat reporters, he discussed his efforts to transform Pakistan’s judicial system, reduce case backlogs, and deepen …
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The KIBOR decline followed the State Bank of Pakistan’s (SBP) decision to cut the policy rate by 100 basis points to 11%, surpassing market expectations. As a result, interbank lending rates for various tenors dropped significantly on Tuesday, signaling a broader shift in the country’s monetary landscape. Major Reductions Across Tenors According to Arif Habib …
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In a significant escalation, Israel launched a Sanaa airport strike on Tuesday, claiming it had “fully disabled” Yemen’s main international airport in the Houthi-controlled capital. This move comes just two days after a missile fired by the Iran-backed Houthis landed near Israel’s Ben Gurion Airport, briefly halting flights. Targets Hit in Coordinated Attack According to …
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In a strategic move to expand access to AI laptops, Microsoft has introduced its most budget-friendly AI-powered Surface devices to date. The company announced on Tuesday that it will launch new Surface models—equipped with Qualcomm’s Snapdragon X Plus chips—at prices aimed at students and young professionals. Surface Devices Starting at $799 The latest Surface lineup …
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In a thrilling start to the NBA Playoffs Western Conference semifinals, Nikola Jokic delivered a monstrous performance and Aaron Gordon hit a clutch game-winner to lift the Denver Nuggets over the Oklahoma City Thunder, 121-119, in Game 1. Jokic Powers Denver with 42 Points Jokic was unstoppable, pouring in 42 points and grabbing 22 rebounds. …
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Punjab is accelerating toward electric mobility as the provincial government approved a pilot project to roll out 1,100 electric taxis, supported by solar-powered charging stations. The move aims to cut urban emissions and modernize the province’s transport system. CM Maryam Reviews Green Transit Plans Chaired by Chief Minister Maryam Nawaz Sharif, a special session reviewed …
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Prime Minister Shehbaz Sharif visited the Inter-Services Intelligence (ISI) headquarters in Islamabad on Tuesday to review national security preparedness in light of escalating tensions with India. The visit comes amid growing concerns of a potential military confrontation after India accused Pakistan of links to the April 22 Pahalgam attack — a claim Islamabad strongly denies. …
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Gold rates surged in Pakistan on Tuesday, reflecting a broader upward trend driven by global market uncertainty. According to the All Pakistan Sarafa Gems and Jewelers Association, the price of 24-karat gold per tola jumped by Rs.6,100, reaching Rs.356,100 compared to Rs.350,000 on the previous trading day. Sharp Rise in Local Gold Prices Prices of …
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The Chenab River water level has surged dramatically at Marala Headworks, raising concerns of potential flooding and fueling tensions with neighboring India. Officials reported a sharp increase in inflow to 25,382 cusecs on Tuesday, compared to just 3,177 cusecs the day before. Outflow remained lower at 15,982 cusecs, prompting local authorities to issue warnings to …
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Peshawar Zalmi victory over Multan Sultans was swift and ruthless as they secured a 7-wicket win in their HBL PSL 10 clash on Monday. Chasing a meager target of 109, Zalmi cruised to 110 for 3 in just 13 overs, showcasing clinical efficiency with both bat and ball. Multan Collapse After Winning Toss Multan Sultans …
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As India-Pakistan tensions escalate to their highest level in years, UN Secretary-General Antonio Guterres has called for “maximum restraint” to avoid a military confrontation. His appeal comes in the wake of the deadly April 22 attack in Pahalgam, which killed 26 people, mostly tourists. India quickly pointed fingers at “cross-border linkages” without evidence, while Pakistan …
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A tragic China tourist boat accident claimed at least 10 lives and left 70 people injured after strong winds capsized four boats in Qianxi city, Guizhou province, on Sunday. The boats were carrying holidaymakers during the final days of China’s week-long May Day holiday—a peak travel period across the country. Sudden Winds Trigger Disaster According …
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In a move welcomed by the business community, the SBP interest rate cut brought the policy rate down to 11% on May 5, 2025. The State Bank of Pakistan’s Monetary Policy Committee (MPC) made the decision following sharp declines in inflation and signs of economic stability. Inflation at Historic Low April’s inflation dropped to just …
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The gold price in Pakistan continues to shift in response to international market dynamics, with fresh updates released for May 05, 2025. These rates, determined by local Sarafa markets across major cities, offer a daily snapshot of investor sentiment and global economic pressure. Current Gold Prices According to the latest figures from Karachi, Lahore, Islamabad, …
Continue reading “Gold Rates Surge in Pakistan Amid Global Market Volatility”
Karachi Kings captain David Warner added fuel to the fiery PSL 10 rivalry with a playful jab at Lahore Qalandars skipper Shaheen Shah Afridi after their rain-hit win at Gaddafi Stadium. While celebrating the four-wicket victory, Warner couldn’t resist poking fun at Afridi’s pitch assessment that clearly backfired. A Rain-Hit Clash of Titans In a …
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In a direct challenge to ongoing India Pakistan misinformation, Federal Information Minister Attaullah Tarar led local and international journalists to the Line of Control (LoC) on Sunday. The visit aimed to debunk Indian claims of terrorist infrastructure on Pakistani soil, offering media firsthand access to disputed areas cited in Indian statements. Civilian Life, Not Militancy …
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Amid rising Pakistan India tensions, Deputy Prime Minister and Foreign Minister Ishaq Dar on Monday assured the world that Pakistan would not initiate hostilities but would respond firmly to any aggression from India. His remarks come amid fears of a potential Indian strike following the deadly April 22 attack in Pahalgam, which killed 26 tourists. …
Continue reading “Pakistan Vows Restraint but Warns of Retaliation if Provoked”
In a bold legal move, Nintendo has sued tech accessory brand Genki over a controversial Switch 2 lawsuit tied to a replica showcased at CES 2025. The Japanese gaming giant accuses Genki of trademark infringement, false advertising, and unfair competition following its display of a device it claimed was based on insider knowledge. CES Showcase …
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