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Business Recorder
a day ago
- Business
- Business Recorder
Gold prices soar significantly
KARACHI: Gold prices soared significantly on Monday, tracking a global market's uptrend - grew by $36 to $3,387 per ounce, traders said. The surge triggered local gold prices up by Rs3,600 to Rs361,200 per tola and Rs3,087 to Rs309,671 per 10 grams, All Pakistan Sarafa Gems and Jewellers Association said. Domestic and international silver prices held steady at Rs4012 per tola and Rs3439 per 10 grams. Global silver prices remained at $39 per ounce, the association added. It is worth noting that the open market may trade gold and silver at different prices as compared to those fixed by the association. Copyright Business Recorder, 2025


Express Tribune
2 days ago
- Business
- Express Tribune
Gold prices rise in Pakistan following international market gains
Listen to article Gold prices in Pakistan increased on Monday, mirroring a rise in the international market. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola reached Rs361,200, up by Rs3,600. The rate for 10 grams of gold also went up, selling at Rs309,671 after a gain of Rs3,087. On Friday, gold prices per tola had reached Rs357,600, rising by Rs2,500. The bullion market was closed on Saturday due to a traders' strike against tax laws. Internationally, gold prices also increased, reaching $3,387 per ounce with a $20 premium—a gain of $36, according to APGJSA. Meanwhile, silver prices remained stable, with the rate per tola holding steady at Rs4,012.


Business Recorder
2 days ago
- Business
- Business Recorder
Gold price per tola jumps Rs3,600 in Pakistan
Gold prices in Pakistan increased on Monday in line with their gain in the international market. In the local market, gold price per tola reached Rs361,200 after a gain of Rs3,600 during the day. As per the rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), 10-gram gold was sold at Rs309,671 after it accumulated Rs3,087. On Friday, gold price per tola reached Rs357,600 after a gain of Rs2,500 during the day. The bullion market remained closed on Saturday in support of a strike call by traders against tax laws. The international rate of gold also increased on Monday. The rate was at $3,387 per ounce (with a premium of $20), a gain of $36, as per APGJSA. Meanwhile, silver price per tola remained stable at Rs4,012.


New Straits Times
01-07-2025
- New Straits Times
Over 1,100 wild animals seized in crackdown on poaching and trafficking
KUALA LUMPUR: A total of 1,118 wild animals were seized through Op Bersepadu Khazanah (OBK) by the federal police Wildlife Crime Control Bureau/Special Investigation Intelligence (WCB/PSK) throughout 2023 and this year. A spokesman from the bureau said the seizures involved various species believed to be illegally traded or used in illegal hunting activities. "A total of 735 animals were seized in 2023, with a seizure value of RM8,087,100, while in 2024, a total of 383 animals were seized, valued at RM6,309,290.20," he said. He said that over the two-year period, a total of 89 people had been arrested, comprising 71 men and 18 women, comprising locals and foreigners from Indonesia, the Philippines, India, and Vietnam. "In 2023, the arrests involved 34 men and five women, including Malaysians and seven Indonesians, while the following year saw the arrests of 28 men and 10 local women, along with several foreigners. "Among the items seized were five firearm barrels, 78 rounds of ammunition, and 30 cages believed to be used in hunting and wildlife trafficking," he said. He said statistics showed that wildlife poaching and smuggling activities remain rampant and have not shown any signs of decline. "We believe many of these cases are orchestrated by local residents who rely on forest products as a source of illegal income. "Operations will be intensified with the cooperation of various enforcement agencies to ensure that national treasures are not further looted by syndicates and poachers. "The WCB/PSK Bureau will continue to play a role in identifying syndicate networks and taking strict action against those involved," he added.

Barnama
24-06-2025
- Business
- Barnama
CPO Futures End Mostly Higher On Firmer Crude, Soybean Oil
Palm oil trader David Ng said the surge in prices was primarily driven by heightened geopolitical tensions in the Middle East. KUALA LUMPUR, June 23 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed marginally higher today, supported by firmer crude oil and soybean oil prices. 'We see support at RM4,050 per tonne and resistance at RM4,250,' he told Bernama. At the close, the spot-month July contract rose RM16 to RM4,087 per tonne, while August 2025 increased RM12 to RM4,119 per tonne and September 2025 added RM8 to RM4,126 per tonne. October 2025 and November 2025 each climbed RM10 to RM4,125 and RM4,128 per tonne, respectively, while December 2025 advanced RM15 to RM4,141 per tonne.