gold
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Gold price surges to Rs148,400 per tola in Pakistan on high demand
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[ad_1] A representational image of gold bars. — AFP/File KARACHI: Gold continued to shine as it once again surpassed the psychological threshold of Rs148,000 per tola amid high demand in the domestic market on Tuesday. As per the All Pakistan Sarafa Gems and Jewellers Association (APSGJA) the price of the precious metal rose by Rs700…
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Gold set for worst week since November | The Express Tribune
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[ad_1] WASHINGTON: Gold was on track for its biggest weekly drop in nearly four months on Friday, after demand for the safe-haven metal was hit by hopes of progress in peace talks between Russia and Ukraine as well as a US interest rate hike. Spot gold slipped 0.6% to $1,931.90 per ounce, as of 10:30…
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Govt eyes people’s gold to increase forex reserves | The Express Tribune
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[ad_1] ISLAMABAD: The government is considering a proposal to borrow gold biscuits and bars from the people to increase foreign exchange reserves that remain on a sliding path despite taking over $5 billion loans in the past three months from bilateral and multilateral creditors. The proposal has been discussed in the Economic Executive Council (EEC)…
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CEO of Miami armored-car company pleads guilty in $140 million ‘dirty gold’ smuggling scheme
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[ad_1] The former chief executive of a Miami armored-car company has pleaded guilty to helping smuggle $140 million in “dirty gold” that had been illegally mined in South America into the United States. Jesus Gabriel Rodriguez, Jr. the one-time head of Transvalue, which provided transport services for precious metals and other valuables, admitted playing a…
